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DOJ Officials Signal Expansion of Voluntary Self-Disclosure Incentives Beyond the FCPA

By Thompson Hine LLP On March 1, 2018, DOJ attorneys, speaking at the ABA’s annual White Collar Crime Conference, indicated that DOJ may consult the FCPA Corporate Enforcement Policy for guidance in other areas of corporate criminal prosecution when assessing whether voluntary self-disclosure may justify declination. John Cronan, acting head of the Criminal Division, and Benjamin Singer, chief of the Securities and Financial Fraud Unit, highlighted DOJ’s decision to forgo prosecution of Barclays PLC as an example of the application...
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DSM announces repurchase of shares to cover share based compensation plans and stock dividend

By Royal DSM Royal DSM, a global science-based company active in health, nutrition and materials, today announces that it intends to repurchase 500,000 ordinary shares, starting on 19 March 2018, in order to cover commitments under share based compensation plans and 1,100,000 ordinary shares, starting on 14 May 2018, in order to cover commitments for stock dividend as part of the final dividend 2017. Based on the closing price of the DSM share on Euronext Amsterdam on 16 March 2018...
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Erik Smithweiss, Partner at GDLSK, will be speaking at a Webinar on Exclusion Requests for Steel and Aluminum Tariffs

By GDLSK Erik Smithweiss will be speaking on Wednesday March 21, 2018 on the new procedures for requesting exclusions from the Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association.  The 25% tariff on steel imports and 10% on aluminum go into effect on March 23, 2018.  For more information on the webinar and to register, please click HERE. For a related article on the proposed tariffs, please click HERE. Compliments of Grunfeld, Desiderio, Lebowitz, Silverman &...
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Philips Lighting announces intention to change company name to Signify while keeping the Philips brand for its products

Philips Lighting - Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced its intention to change its name from Philips Lighting to Signify. The choice of the new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning. The company will continue to use the Philips brand, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips. "We're excited to announce our new company name as another...
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EY survey finds savings from US tax reform spurs reinvestment through research & development and mergers & acquisitions

Ernst & Young - 73% of companies surveyed are likely to accelerate M&A strategies, driven by mid-cap companies 48% of companies surveyed are willing to pay more to acquire companies now compared to before tax reform 89% of companies surveyed plan to enhance compensation US companies are eying growth initiatives as they seek to deploy anticipated tax savings from the Tax Cut and Jobs Act (TCJA), according to the EY Tax Reform Dollar Deployment Survey, conducted jointly by Ernst &...
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Lisbon, Porto and Cascais take top spots in City Brand Ranking

aciep - Portugal Global Trade and Investment Agency -   Lisbon once again topped the City Brand Ranking that analyses business, tourism and living conditions of the 308 Portuguese municipalities, with Porto and Cascais taking the second and third spots, Bloom Consulting said on Tuesday. In this fifth edition of the annual study, which measures how the municipalities are seen and classifies the performance of each one's brand, Lisbon was ranked first in all three categories: "Business," "Visiting" and "Living". The top 10...
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Avalanche Predicted for Healthcare Private Equity

BDO USA - Flushed with cash, investors continue to pour capital into their coffers, signaling an optimistic outlook for profitable opportunities. KKR’s $1.45 billion Health Care Strategic Growth Fund and Athyrium Capital Management LP and Neuberger Berman’s $2.025 billion healthcare fund are just two of the largest healthcare focused private equity funds to close recently. On the strategic side, recently announced megamergers, such as CVS’s agreement to acquire Aetna for a whopping $69 billion, will leave competitors with no choice but...
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From Geneva to Amelia Island: twin faces of a single passion

Pirelli - The passion for motors takes many different forms, spanning distant generations and drivers in search of a variety of different sensations and emotions, from the classic roar of a powerful engine to the latest hi-tech innovations. The most essential elements, shared by all, are a steering wheel (apart from driverless vehicles, that is), four wheels and a road. And the desire to get together to share a common ritual, seeing oneself mirrored in the ever-changing legend of the...

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