The Generali Group has entered into an agreement to sell its business in Panama. The transaction is part of its strategy to optimize its geographical presence, increase operational efficiency and improve capital allocation. Generali operates in Panama as a Branch since 1970 mainly in the P&C segment. The Group has… Read More »
Silvercorp Metals Inc. (“Silvercorp” or the “Company” – http://www.commodity-tv.net/… ) (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the first quarter ended June 30, 2017. All amounts are expressed in US Dollars. FIRST QUARTER HIGHLIGHTS• Net income attributable to equity shareholders of $10.9 million, or $0.07… Read More »
JacTravel’s CEO, Terry Williamson, has announced that he will be leaving JacTravel following the completion of the sale of the company to Webjet, which is scheduled to be at the end of this month. He plans to retire from full time executive roles, and to seek Non-Executive Director and Chairman… Read More »
In compliance with European regulations, Saipem SpA, and a delegation of representatives of Saipem workers in the countries of the European Economic Area in which the Company is present, have agreed to set up the European Works Council (EWC) of the Saipem Group. The agreement, which was signed on July… Read More »
Altona Mining Limited (“Altona” or “the Company”) today announces an update of the Definitive Feasibility Study (“DFS”) of the Cloncurry Copper Project (“Project”), 90 kilometres north-east of Mt Isa in Queensland, Australia. Altona Managing Director, Dr Alistair Cowden said, “We are delighted with the study update which results in annual… Read More »
The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) raises its sales and earnings forecast for 2017. The new forecast predicts sales of €900 million to €950 million (previously: €830 million to €900 million) and earnings before interest, taxes, depreciation and amortization (EBITDA) of €85 million to €100 million… Read More »
Generali Investments Europe S.p.A. Società di gestione del risparmio (Generali Investments), the main asset manager of the Generali Group, announced today the appointment of Vincent Chaigneau as its new Head of Research, effective August 11. Chaigneau, who will be based in Paris and report to CEO Santo Borsellino, will manage… Read More »
Webjet have entered into an agreement to acquire JacTravel from Vitruvian Partners and its management team who will retain a shareholding in the enlarged Group. The acquisition will see JacTravel join Sunhotels, Lots of Hotels and FIT Ruum’s in the company’s B2B division WebBeds, to become one of the world’s… Read More »
Saipem S.p.A. informs that it has completed the buy-back programme (the “Programme”) for Saipem ordinary shares approved by the Shareholders’ Meeting on April 28, 2017, which concerned the buy-back of the Company’s own shares to cover the 2017 allocation of the 2016-2018 Long Term Incentive Plan (the ‘Plan’), as approved… Read More »
Ardian, the independent private investment company, announces it has signed a Sale and Purchase Agreement in July 2017 with UniCredit for the acquisition of a ~€300 million portfolio of limited partnership interests in European infrastructure private equity funds. Closing of the transaction is expected in 3Q17 subject to the approval… Read More »