financial
conglomerate over a period of, say, 12 months from trading in
The proposal is also seen to be an effective consolidation of a bank's exposure to
conglomerates, thereby counting SBL as 'one for all' even if these are distinct entities with individual businesses, said the official of one big
conglomerate.
DMZ Holdings, on the other hand, are an investment
conglomerate, in the business of providing Project Investments, Financial Engineering and Strategic Solutions across the Middle East, Africa and Europe.
Speaking at the auspicious occasion, Mr Tarek Hamdy, CEO, Eighteen said, 'It is a moment of immense pride for us to sign this deal with an internationally-acclaimed investment
conglomerate that is DMZ Holdings.
Netshoes is a Brazilian e-commerce sporting goods
conglomerate. The
conglomerate was established in February 2000 by Marcio Kumruian and Hagop Chabab.
Moving forward, he said the Ayala
conglomerate would be looking to invest in various businesses to prepare for the future.
Earlier this month, Thyssenkrupp's chief executive said the steel-tosubmarines
conglomerate would embark on a new round of restructuring, including exploring a stock market listing for its elevators business.
As for LG, the rival
conglomerate is expected to announce changes to its business structure and the new appointments of chief executives at its subsidiaries and affiliates prior the New Year.
Constantino, who also celebrated his birthday on Monday, joined the
conglomerate in 1974 after a stint at the National Economic and Development Authority.
Seoul: Hyundai Motor Group appointed heir apparent Euisun Chung as chief vice chairman on Friday, moving him a step closer to succeeding his father as head of South Korea`s second largest
conglomerate.
Summary: Hong Kong [China], July 04 (ANI): The chairman and co-founder of Chinese
conglomerate HNA Group passed away following an accidental fall in Provence, France, the company said on Wednesday.
LAHORE -- Mega
Conglomerate on Thursday announced to withdraw its bid to acquire 87.5 percent majority stake in Dewan Cement.
Kudakwashe Saudi Arabia's PIF has been key to SoftBank's tech investment strategy with its contribution to the Vision Fund Japanese
conglomerate SoftBank will double down its ambitious tech investment strategy, in a move that could create opportunities for further collaboration with Saudi Arabia's Public Investment Fund (PIF).
Tan as the
conglomerate's Chief Executive Officer (CEO), a position held concurrently by the older Tan as Chairman since 2006.