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Industrial Conglomerates

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Ayala says AYC transfers ownership in Integrated Micro-Electronics to AC Industrials

Tuesday, 28 Mar 2017 10:01pm EDT

Ayala Corp : AYC Holdings transfers ownership in Integrated Micro-Electronics to AC Industrials . Transaction consolidates Ayala’S existing assets in manufacturing and vehicle distribution and dealership under ac industrials . Transaction will have no impact to co’s consolidated financial statements as this is just a transfer within group from one wholly owned subsidiary to another .Unit will transfer its 50.6% ownership in Integrated Micro-Electronics, Inc to AC Industrial Technology.

3M CEO Inge Thulin's FY 2016 total compensation was $16.7 mln

Wednesday, 22 Mar 2017 10:31am EDT

3m Co : CEO Inge Thulin's FY 2016 total compensation was $16.7 million versus $19.4 million in FY 2015 - sec filing . 3M Co says CFO Nicholas C. Gangestad's total 2016 compensation was $5.8 million versus $5.1 million in 2015 . EVP, consumer business group, Joaquin Delgado's FY 2016 total compensation $4.6 million versus $4.1 million in FY 2015 .EVP, health care business group, Michael Vale's FY 2016 total compensation $4.5 million versus $4.1 million in FY 2015.

Tepco to link up with Intel to manage power grids in Asia and Africa -Nikkei

Tuesday, 21 Mar 2017 05:53pm EDT

Nikkei: Tepco to link up with intel to manage power grids in Asia and Africa -Nikkei . Tepco also aims to combine its fossil fuel power business with that of regional peer Chubu Electric Power in fiscal 2019-Nikkei .Tepco Power Grid to sign a MOU with an Intel cybersecurity company, NTT Data, Toshiba and others as early as this month- Nikkei.

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