Finance Watch
March 22 2016 - 3:03AM
Dow Jones News
(FROM THE WALL STREET JOURNAL 3/22/16)
NASDAQ
Boardvantage Deal
Totals $200 Million
Nasdaq Inc. agreed to acquire Boardvantage for $200 million as
it bolsters its corporate-services offerings.
A Web-based communications system of Boardvantage allows
directors to have interactive discussions, instant access to the
latest company developments and a chance to grill management at any
time.
The Menlo Park, Calif., company has global offices and data
centers in the Americas, Europe and Asia Pacific.
Nasdaq has been expanding into more business services such as
investor-relations management. In October, the exchange operator
acquired SecondMarket Solutions Inc., a company that helps private
companies facilitate trading of their shares.
-- Anne Steele
---
AXA
CEO de Castries
Is Stepping Down
AXA SA, France's largest insurance company, said Chairman and
Chief Executive Henri de Castries will step down on Sept. 1, in a
surprise move after 16 years as head of the company.
He will be succeeded by the company's top official in Germany,
Thomas Buberl. Denis Duverne, AXA's deputy CEO, will become
nonexecutive chairman Sept. 1. "I wanted a new team to present and
carry out the company's new strategic plan," Mr. de Castries said.
The disclosure came after HSBC Holdings PLC said it started a
search for a new chairman. Mr. de Castries said the timing was
coincidental. The Sunday Times reported he is favored to succeed
Douglas Flint as HSBC chairman. Mr. de Castries recently joined
HSBC's board.
-- Noemie Bisserbe, Inti Landauro
(END) Dow Jones Newswires
March 22, 2016 02:48 ET (06:48 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Axa (EU:CS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Axa (EU:CS)
Historical Stock Chart
From Sep 2023 to Sep 2024