GREENSBORO, North Carolina - Global Safety Textiles LLC ("GST") today announced that it had received a proposal from funds managed by WL Ross & Co. LLC ("WLR") to invest US$55 million in a newly formed entity that would acquire the assets of GST and its subsidiaries. The new GST would have one of the strongest, well capitalized balance sheets in the automotive industry with a limited amount of long-term debt. After the transaction, the new GST will be well positioned to continue to expand its geographic footprint which today spans Europe, the Americas and China.
NEW YORK - RBC Capital Markets today announced that it has been designated a primary dealer by the Federal Reserve Bank of New York, effective tomorrow, July 8, 2009.
CAIRO - - Students address the United Nations Millennium Development Goals with innovative technology.
NEW YORK and BERLIN - Now through July 23, artnet Auctions is presenting a special online auction of Urban Art from 1972-Present. The sale traces the evolution of Urban Art from the 1970s to today with a spectacular range of 175 artworks by 60 artists including Banksy, Jean-Michel Basquiat, CRASH, Faile, Keith Haring, and Mr. Brainwash.
SAO PAULO - - Technology to Link Loyalty Programs From Companies in Different Industries, Including TAM Fidelidade
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