latest news releases from the newsroom
Fortis appoints Marc Luet as Chief Executive Officer for Consumer Credits
BRUSSELS, Belgium, March 24, 2005 (PRIMEZONE) -- Management Team Retail Banking complete. Fortis has appointed Marc Luet as Chief Executive Officer for its Consumer Credit business as of mid-April. He will report to Jos Clijsters, CEO Retail Banking and a member of the Fortis Executive Committee. His objective will be to develop Fortis's international presence in the consumer credit market. Marc Luet's responsibilities will include the Fortis subsidiaries Alpha Credit (Belgium, the Netherlands, Switzerland), DEFAM as well as International Card Services (ICS) in the Netherlands.
Notification Annual General Meeting Concordia
GOTHENBURG, Sweden, March 24, 2005 (PRIMEZONE) -- Notice is hereby given that the Annual General Meeting of the members of Concordia Maritime AB (publ) will be held on Tuesday, 26 April, at 2.00 p.m. at Lorensbergsteatern in Goteborg, Sweden (in the park between Sodra Vagen, Berzeliigatan and Kungsportsavenyn)
Dow Jones Indexes
Component Change Made to Dow Jones China Indexes
BEIJING, March 24, 2005 (PRIMEZONE) -- Dow Jones Indexes today announced the results of the first regular quarterly review in 2005 for Dow Jones China Indexes (Dow-China Indexes). The component changes in the Dow Jones China 88 (Dow-China 88), Dow Jones China Total Market (Dow-China Total Market), Dow Jones Shanghai (Dow-Shanghai), Dow Jones Shenzhen (Dow-Shenzhen) Index, and Dow Jones CBN China 600 Index will be effective on April 1, 2005.
Solvay Signs Agreement Aiming at Acquisition of Fournier Pharma
BELGIQUE, Belgium, March 24, 2005 (PRIMEZONE) -- Solvay today announced that it has signed a memorandum of understanding with the shareholders of Fournier Pharma, with the aim of acquiring 100% of the company for EUR 1.3 billion in cash. The confirmation of Solvay's intention to integrate the global leader in fenofibrate, a successful cardio-metabolic product for treating raised blood lipids, is subject to a detailed review of the company which will be carried out in the next fourweeks. Pending satisfactory outcome of this complementary due diligence, approval from the relevant authorities and appropriate employee information procedures, the acquisition could be completed during the summer2005.
Skanska Share Incentive Program Linked to Increased Performance Goals
STOCKHOLM, Sweden, March 24, 2005 (PRIMEZONE) -- As announced earlier, the Skanska Board of Directors has increased the company's financial goals and proposes in the notice to the Annual General Meeting that the Meeting decide on a long-term incentive program for senior executives aligned with the new goals. It is proposed that the program apply for the period 2005-2007, with payment in 2009-2011.
Ohio Art Company
Ohio Art Company Announces Extension Of Odd Lot Tender Offer
BRYAN, Ohio, March 23, 2005 (PRIMEZONE) -- The Ohio Art Company (the "Company") (Pink Sheets:OART) announced today that it is extending its tender offer for the purchase of all shares of common stock held by shareholders of the Company owning 99 or less shares, as of the close of business on January 19, 2005. The extended offer will expire on April 12, 2005 at 5:00 p.m., New York City Time, unless extended further. The offer was originally scheduled to expire March 3, 2005 at 5:00 p.m., New York City time and had previously been extended to March 23, 2005 at 5:00 p.m., New York City Time. As of March 23, 2005, approximately 57 holders have tendered their shares, representing approximately 2,441 shares tendered in total.
Oneida Ltd. Announces Management Changes
ONEIDA, N.Y., March 23, 2005 (PRIMEZONE) -- Oneida Ltd. (OTCBB:ONEI) today announced the resignation of Peter J. Kallet as President and Chief Executive Officer. Mr. Kallet will remain in his role as Chairman of the Board of Directors through the annual meeting in May 2005. At that time, he will assume a new position at the Company as Vice Chairman-Strategic Alliances and Corporate Development. The Board of Directors has named Terry G. Westbrook, a current Board member, as President and Chief Executive Officer.
Diamant Art Corp.
Diamant Art Corporation Secures Exclusive Rights for the Bahamas
TORONTO, March 23, 2005 (PRIMEZONE) -- Diamant Art Corporation (OTCBB:DIAAF) is pleased to announce today that, through its wholly-owned subsidiary, Diamant Film Inc., it has secured a ten-year agreement with Diamant Plastics Corporation for the exclusive marketing and distribution rights to the BAHAMAS for Diamant(tm) stretch film, a non-PVC food wrap. Diamant Art Corporation has now secured the rights to the U.S.A., Canada, Mexico and with the current addition of the BAHAMAS, gives the Company exclusive marketing and distribution rights for Diamant(tm) stretch film to a $700 million stretch film market.
FieldTurf to be Installed at Vancouver's B.C. Place
VANCOUVER, British Columbia, March 23, 2005 (PRIMEZONE) -- FieldTurf has been selected as the new artificial turf for B.C. Place Stadium in Vancouver, the world's largest air-supported stadium. The announcement was jointly made today by B.C. Place Stadium General Manager Howard Crosley and FieldTurf CEO John Gilman. FieldTurf will replace the previous AstroTurf at B.C. Place Stadium.