VARTA AG[1] postpones planned IPO

VARTA AG[1] postpones planned IPO

VARTA AG, together with its current sole shareholder Montana Tech Components AG (indirect shareholdings via the subsidiaries VGG GmbH and ETV Montana Tech Holding GmbH) and the bank consortium, has decided to postpone the planned IPO of VARTA AG due to the current unfavorable market environment.
The initial listing of the shares of VARTA AG on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange was originally planned for December 2, 2016. VARTA AG and Montana Tech Comp

FacilityONE Technologies Seats New Board of Directors

LOUISVILLE, KY — (Marketwired) — 11/29/16 — FacilityONE Technologies, LLC, which provides a cloud-based Facility Information Solution (FIS) that enhances a building–s functional and economic lifespan and boosts employee productivity, announced today it has seated a new Board of Directors. Chairing the newly appointed board is Chandler Rapson, who brings approximately 15 years of healthcare, insurance and financial industry experience to his role guiding the asset management firm–s strategi

Hengtong Deeply Impresses Congo–s Telecom Minister

SUZHOU, CHINA — (Marketwired) — 11/29/16 — Congo–s telecom minister Leon Juste Ibombo visited Hengtong and held a cordial talk with Qian Jianlin, Hengtong–s CEO, on November 12.China is ready for new opportunities for China-Africa cooperation and happy to take part in the construction of Congo–s telecommunication, according to Qian Jianlin. Meanwhile, Ibombo said that Hengtong was welcome to the developments of Congo–s telecom industry.Ibombo was deeply impressed by Hengtong–s equipment