tyb
Coronavirus May-end peak a must for Tokyo Olympics: official
We will find the least worst option,' says head of French committee. Unless the coronavirus pandemic is waning by the end of May, this year's Tokyo Olympic Games cannot be staged on schedule, the head of the French Olympic Committee told Reuters on Monday.
"My feeling is that if we're still in the crisis by the end of May I can't see how the Games can happen (on time)," Denis Masseglia said in a telephone interview. "If we are beyond the peak and the situation is getting better questions will arise about who qualifies, but we will find the least worst solution."
Masseglia, who is back from a work trip to Japan, added that the International Olympic Committee (IOC) will hold a conference call with the National Olympic Committees on Wednesday. The Tokyo Olympics are scheduled for July 24-Aug. 9 with the Paralympic Games due to be held from Aug. 25-Sept 6.
The coronavirus pandemic has infected almost 180,000 people and killed over 7,000 worldwide, with the epicentre having switched from China to Europe. Sports competitions have come to a halt in Europe as part of a global effort to contain the spread of coronavirus, hampering the preparations of athletes for the Olympics. "At some points we're going to have to tell them something (about the Games), Masseglia said.
Masseglia, head of the French Olympic Committee (CNOSF) since 2009, said however that Japan had been tackling the spread of the virus perfectly. "A week ago, I couldn't even imagine the situation we're in today (in Europe). When I came back on Saturday morning (from Japan) I came back confident, optimistic, telling myself the Japanese had handled the problem a little differently," he said.
"They are in extreme precaution, there are water-based gels everywhere. Everybody wears a mask, they work almost normally." Japan has had 895 cases of coronavirus, while the total in Italy, Europe's worst-hit country, had reached 27,980 on Monday.
"If we are out of the crisis in a couple of months everybody will want to get back to normal, it will speed things up and we will be able to imagine something," said Masseglia.
https://asia.nikkei.com/Spotlight/Tokyo-2020-Olympics/Coronavirus-May-end-peak-a-must-for-Tokyo-Olympics-official
Transdigm Group Inc. bought by Berkshire Partner's LLC:$232.75m-Mar 10-12
TransDigm Group Inc. specializes in the design, manufacturing and marketing of aerospace systems and components. Net sales break down by family of products as follows:
-
engine components and control systems (52.4%): mechanical and electromechanical actuators and control systems, pumps and engine control systems, power regulators, ignition systems, thermal management systems, fluid management systems, batteries and power supply systems, motion sensors, data recording, analysis and processing systems, etc. The group also offers winches, lifting systems and cargo handling systems;
-
cabin systems and equipment (44.6%): cockpit safety components and systems, locking systems and devices, connectors, audio control systems, specialized sanitary equipment, seat belts and safety devices, interior fittings (seats, display systems, on-board entertainment systems,etc) lighting systems, parachutes, freight delivery systems, etc. ;
-
other (3%): non-aeronautical systems and equipment.
At the end of September 2019, the group operated about 110 production sites in the world.
Number of employees : 18 300 people.
Robert J. Small Managing Director joined Berkshire Partners in 1992 and became a Managing Director in 2000. Since 2007, he has helped lead Stockbridge.
Rob began his career at Bain & Co.
Education
Yale University, B.A.
Harvard Business School, M.B.A.
Current portfolio company involvement
TransDigm
Representative former portfolio company experience
Active Aero Group
AmSafe
Citizens of Humanity
Cypress
Electro-Motive Diesel
English, Welsh & Scottish Railway
GBFC
Gordon Brothers
Hexcel
Party City
Skillsoft
Tranz Rail
WordWave
https://www.finviz.com/insidertrading.ashx?oc=1234544&tc=7&b=2