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Latest Leonard Blavatnik Stories

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2011-05-07 05:54:15

A bidding war for Warner Music Group has Russian-born American billionaire Len Blavatnik's company Access Industries as the winner in a $1.3 billion all-cash transaction for the company. The sale of the music company comes at a challenging time for music industry with CD sales on the decline and digital piracy running amuck. Even with these trying times, the deal has Warner Music valued at $3 billion, which includes the company's debt as well as cash "“ this is higher than the $2.6...

2010-11-16 07:30:00

NEW YORK, Nov. 16, 2010 /PRNewswire/ -- During its Seventh Annual Science & the City Gala last night, the New York Academy of Sciences named the awardees of the 2010 Blavatnik Awards for Young Scientists, announced the establishment of The Sackler Institute for Nutrition Science, and unveiled a $10,000 Scientists Without Borders challenge to solve a critical maternal nutrition problem in the developing world. In attendance were 400 global leaders from the fields of science,...

2010-02-01 00:30:00

CHESTERFIELD, Mo., Feb. 1 /PRNewswire/ -- Boomerang Tube, LLC today announced that the company has finalized funding to build a new manufacturing facility in Liberty, Texas to produce welded OCTG (oil country tubular goods) and Line Pipe for oil and gas customers in the United States and Canada. Construction of the new facility will be financed by Access Industries, a New York-based industrial group. Access has committed $200 million for the project. The facility will commence operations...

2009-05-14 07:31:00

HOUSTON, May 14 /PRNewswire/ -- LyondellBasell Industries today announced that its Supervisory Board has named James L. (Jim) Gallogly chief executive officer, effective immediately. Gallogly will succeed Volker Trautz who has announced his retirement from the company. The terms of the appointment are subject to the approval of the U.S. bankruptcy court overseeing LyondellBasell's reorganization plan. "Jim is a highly respected executive in the polymers, chemicals and fuels industries and...


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Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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