NEW YORK - Tuesday, July 8th 2014 [ME NewsWire]

(BUSINESS WIRE)-- The Rohatyn Group (“TRG”), an independent investment firm focused on emerging markets, today announced that TRG Growth Fund II has sold its minority stake in Transportadora de Gas Internacional S.A. ESP (“TGI”) to majority shareholder Empresa de Energia de Bogota S. AS. ESP (“EEB”), for $880 million. EEB, a leading energy holding company in Colombia with interests across the electricity and natural gas sectors, is a publicly listed company controlled by the District of Bogota.

TGI is the largest natural gas transportation company in Colombia with a network of 3,957 kilometers of pipelines and a total delivery capacity of 730 million cubic feet per day. The company transports natural gas through eight main pipelines and several secondary branches located to cover all major urban and industrial centers throughout Colombia. TRG Growth Fund II acquired a minority stake i ... Read more »

COLOMBES, France - Tuesday, July 8th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, today announced the appointment of Sebastien Peries as Group General Counsel, in charge of all Legal, Tax and Insurance activities with immediate effect.

Sebastien joins OT from Danone where he was General Counsel for Corporate Affairs since 2006. He was in charge of the Group’s major legal issues (regarding notably financing, governance, public M&A, financial communication, investor relations, human resources and litigation). In 2009 he also took on responsibility for the secretarial work of the Board of Directors and the Audit Committee.

Previously, Sebastien worked at Allen & Overy, one of the major UK law firms, where he managed several significant M&A transactions for international and French clients. He began his career in 1996 as a lawyer at Andersen Legal (the Frenc ... Read more »

VILLEJUIF, France - Monday, July 7th 2014 [ME NewsWire]

WIN 2014 Symposium

(BUSINESS WIRE)-- The Worldwide Innovative Networking (WIN) Consortium in personalized cancer medicine proudly announces that six new organizations were approved as WIN Consortium members during the Consortium’s 2014 WIN Symposium, held June 23-24 in Paris, France. Joining the Consortium are: Asan Medical Center (Korea), Cambridge Cancer Center (UK), Cancer Research UK (UK), CEO Roundtable on Cancer (USA), Jefferson Kimmel Cancer Center (USA), and Memorial Sloan Kettering Cancer Center (USA).

The WIN Consortium is a global collaboration of leading healthcare organizations that have joined together around the shared mission of achieving the rapid translation of personalized cancer medicine discoveries into standards for clinical care for patients around the world.

“We are thrilled that these organizations are joining WIN,” said Dr. John Mendelsohn, Chairman of ... Read more »

Company Continues Investment in Region, Opens New London Office, Achieves More Than 36 Percent Revenue Growth in EMEA

LAS VEGAS & LONDON - Monday, July 7th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG’s (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation’s (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion and Oracle Retail software, today formally opened its new office in London’s Canary Wharf to support its continued growth in the UK and Europe. The Company has achieved continued growth and client success in EMEA, reporting annualized revenue growth of 36.2 percent for the 12 months ended March 31, 2014. The Company also reported several new clients in the Netherlands, France, the Czech Republic and Finland, further expanding its global footprint and presence in the region.< ... Read more »

Visa cardholders spend US$188M in Brazil in 12 Cities During Group Stage of Tournament

ME NewsWire/Business Wire

SÃO PAULO - Saturday, July 5th 2014

Visa Inc. (NYSE:V), the global leader in payments, today released the second installment of the Visa Everywhere Travel Report for the 2014 FIFA World Cup Brazil. The report, which analyzes travel data and spending through the use of Visa credit, debit and prepaid cards, found that some smaller Brazilian cities, which are hosting tournament games, realized some of the most significant increases in spending by international travelers.

Data through the Group Stage of the tournament, which includes opening day (June 12) through the close of the Group Stage (June 26), revealed triple-digit increases in spending, compared to the same period last year, in cities such as Natal (+851%); Cuiaba (+963%); Curitiba (+167%); and Manaus (+409%).

“The group stage of the 2014 FIFA World Cup Brazil has shown ... Read more »

LONDON - Saturday, July 5th 2014 [ME NewsWire]

    Click & Collect at Argos: from successful 150 store trial with 50 eBay sellers to about 650 stores nationally and 80,000 eBay sellers
    Partnership brings even more convenience, speed and choice for shoppers – giving sellers opportunity to offer Click & Collect

(BUSINESS WIRE)-- eBay and Argos today announced that they have entered an agreement to extend their offering of Click & Collect services via Argos stores. This extension will enable shoppers to select products from a much wider range of eBay sellers for collection from about 650 Argos stores.

The Click & Collect partnership commenced in September 2013 with 50 eBay sellers offering a selected range of products for collection in 150 Argos stores. The trial service proved successful operationally and incredibly popular with customers. A clear majority of those who have used the service and other ... Read more »

LAUSANNE, Switzerland - Thursday, July 3rd 2014 [ME NewsWire]

(BUSINESS WIRE)-- Galderma announces that the U.S. FDA granted Orphan Drug Designation status for the company’s trifarotene molecule for the treatment of congenital ichthyosis. Based on this decision, Galderma plans to implement a clinical development plan, reinforcing its commitment to exploring new treatment options for rare diseases, as well as meeting the needs of all patients with skin diseases over the course of their lives.

“Given the burden of congenital ichthyosis and the lack of effective and easy-to-use treatments, this is a condition which is very difficult to live with. Galderma’s objective is therefore not only to provide an efficient and safe medical solution to alleviate the symptoms of the disease, but also to improve patients’ quality of life”, says Humberto C. Antunes, Galderma President & CEO.

The company’s molecule trifarotene is a select ... Read more »

Global network facilitates business success in 104 countries

MAPUTO, Mozambique - Thursday, July 3rd 2014 [ME NewsWire]

(BUSINESS WIRE)-- Regus, the global workspace provider, has opened its first business centre in Mozambique, at Edificio Millennium Park in Maputo. The launch will help companies of all sizes to operate in one of Africa’s fastest-growing economies.

Regus now supports businesses in 19 countries in Africa, following the opening in “high-opportunity”1 Mozambique and recent launches in Botswana and Namibia. Globally, its network now covers 104 countries.

Over the past decade, Mozambique has delivered average GDP growth of 6-8%, and this is expected to accelerate in 2014, stimulated by investment in mining, transport, construction and financial services.2 Regus’ arrival will allow companies to explore the opportunities, without upfront capital investment or long-term leases.

Mark Dixon, CEO Regus plc comment ... Read more »

World-Class Leadership Team to Guide Continued Transformation of Company’s Business Model; Focus on Strategies to Address Consumerization and Globalization of Corporate Travel Sector

ME NewsWire/Business Wire

NEW YORK - Wednesday, July 2nd 2014

$900 Million Capital Infusion to Be Invested in Technology, Data & Insights, Global Expansion, and Partnerships

Following the announcement that the joint venture for American Express Global Business Travel (“GBT” or “the Company”) has been completed, today the Company announced new members of its executive team. In addition to the previous appointments of Greg O’Hara as Chairman of the Board and Bill Glenn as President and Chief Executive Officer, the Company has named Pat Bourke as Chief Administrative Officer, Norma Corio as Chief Financial Officer, and JoAnne Kruse as Chief Human Resources Officer.

“I am delighted to welcome Pat, Norma, and JoAnne to GBT ... Read more »

DENVER - Friday, July 4th 2014 [ME NewsWire]

(BUSINESS WIRE)-- MPEG LA, LLC today announced that patent owners in MPEG LA’s ATSC Patent Portfolio License and MPEG-2 Patent Portfolio License have filed patent enforcement actions in the United States District Court for the Central District of California against Sceptre, Inc. (“Sceptre”) for infringing patents essential to the MPEG-2 digital video compression standard and the ATSC digital broadcast standard.

According to the complaints, Sceptre offers in the United States products, such as digital television sets, which use patent-protected MPEG-2 and ATSC methods without having entered into licenses with the individual patent holders or portfolio licenses offered by MPEG LA.

MPEG LA, LLC

MPEG LA is the world leader in alternative technology licenses. By assisting users with convenient access to patent rights for their technology choices, MPEG LA offers licensing solutions that create o ... Read more »