LaFarge and Tarmac owner Anglo American have revealed the executive team that will oversee their UK joint venture. Jamie Pike has been named as the venture’s non-executive chairman, Cyrille Ragoucy as chief executive and Guy Young as chief financial officer (CFO). Pike was chief executive of Foseco, a business serving the foundry and steel making industries. Ragoucy is senior v-p of health and safety for Lafarge, while Young is CFO at Tarmac. The joint venture will combine Tarmac’s and Lafarge’s […]
The Office of Fair Trading (OFT) is about to enter the final stage of its investigation into Mercedes-Benz and five vehicle dealerships over suspected breaches of the Competition Act in the distribution of commercial vehicles. The investigation, launched in 2010, relates to five separate alleged infringements between March 2007 and January 2010, each of them involving two or three dealers, and two of them also involving Mercedes-Benz. Apart from Mercedes UK parent Daimler UK, and ultimate parent Daimler AG, the […]
The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT.