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People & Company News

GE's Chairman Jeff Immelt Retires

U.S. industrial conglomerate General Electric Co's chairman Jeff Immelt retired earlier-than-expected on Monday, with the company naming Chief Executive John Flannery as his replacement. Immelt, who was expected to…

People & Company News

Capvis Acquires Majority of Thermamax

Capvis becomes the new majority owner of Thermamax Group, a global technology leader in the design and manufacture of thermal and acoustic insulation systems for engines of all kind. The group has grown considerably over…