Eni sells 12.5% stake in Saipem to Fondo Strategico Italiano, undertakes to support Saipem capital increase and financial independence of Saipem, and agrees repayment of inter-company loans Earlier today, 27 October 2015, Eni S.p.A. (“Eni”) executed a sale and purchase agreement (the “Sale and Purchase Agreement”), pursuant to which it… Read More »
Mapfre and Solera open Cesvi China, a new automotive research center MAPFRE and the U.S. company Solera Holdings Inc. opened a new technology development center today in Beijing. CESVI CHINA will focus on automobile repair work in China, via the joint venture entity STC, in which MAPFRE holds a 25… Read More »
Investment Plan for Europe: over €1 billion of EIF equity investments for SMEs and start-ups across Europe since January Since the start of 2015, the European Investment Fund (EIF) and equity funds across Europe have signed investment agreements worth over €1 billion which will provide equity financing for businesses. These… Read More »
Generali, AM Best affirms rating A and outlook stable The rating agency AM Best announced today that it has affirmed Generali’s FSR rating at A (Excellent). For the first time, AM Best has assigned the same FSR rating also to the subsidiaries Generali Italia and ?eská pojiš?ovna. Concurrently, AM Best… Read More »
CEO Mike Mack steps down Mike Mack has informed the Board of his intention to step down as Chief Executive Officer and Executive Director of the Company. The Board accepted Mike’s decision and he will be leaving the Company at the end of October 2015. John Ramsay, Chief Financial Officer,… Read More »
Greater Manchester Pension Fund and LPFA infrastructure programme makes first investment Greater Manchester Pension Fund (GMPF) and the London Pensions Fund Authority (LPFA) today announced they have jointly committed £60m towards funding the construction and operation of British renewable energy assets. The investment, which is the first made by the… Read More »
Boost launches two new Brent Oil ETCs on Borsa Italiana WisdomTree Europe, an exchange traded fund (“ETF”) and exchange traded product (“ETP”) sponsor is proud to announce that it has listed two new 3x S&L Brent Oil ETPs on Borsa Italiana. The new ETPs come on the back of increasing… Read More »
Syngenta announces the closing of the current second trading line and the opening of a new second trading line. On 24 April 2012, the Annual General Meeting of Syngenta AG authorized the Board of Directors of Syngenta to repurchase registered shares amounting to a maximum of 10% of the share… Read More »
THERAMetrics holding AG announces that it has signed a binding term-sheet with Fin Posillipo S.p.A and Bootes S.r.L. for the issuance of convertible loan notes totaling CHF 3.3 million The loan notes will be issued in four tranches, two at CHF 1,100,000 each in October and December 2015, and two… Read More »
The logo of the Lion unveiled and placed on the Tower designed by star architect Zaha Hadid This morning at Citylife the Generali Tower presentation ceremony was held. In this occasion the company’s logo was placed on the top of the skyscraper designed by British architect Zaha Hadid. The presence… Read More »
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