Medtronic completes $50B acquisition of rival Covidien
January 27, 2015
Medtronic plc, a global developer of medical technology, services and solutions, announced Monday it has successfully completed the previously announced acquisition of Covidien plc, in a cash-and-stock transaction valued at some $49.9 billion.
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QBE Optima Insurance appoints new CEO
January 26, 2015
QBE Optima Insurance recently announced the appointment of Peter Rebrin as its CEO in Puerto Rico, as well as the reassignment of outgoing CEO, Antonio Ortiz, as a Board director. Both appointments will be effective Feb. 7.
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Puerto Rico’s 3rd Olive Garden planned for Barceloneta
January 22, 2015
Restaurants Operators Inc., owners of the Olive Garden franchise in Puerto Rico, announced Wednesday the start of construction of its third restaurant, representing a $3 million investment in the northern town of Barceloneta.
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