Edition:
United States

Rubis SCA (RUBF.PA)

RUBF.PA on Paris Stock Exchange

86.61EUR
24 Feb 2017
Change (% chg)

€-0.39 (-0.45%)
Prev Close
€87.00
Open
€86.91
Day's High
€87.20
Day's Low
€86.45
Volume
85,753
Avg. Vol
87,605
52-wk High
€87.79
52-wk Low
€62.00

Latest Key Developments (Source: Significant Developments)

Rubis to acquire leader in distribution of fuel products in Haiti
Monday, 20 Feb 2017 11:35am EST 

Rubis SCA : Rubis to acquire the leader in the distribution of fuel products in Haiti . Signed an agreement to buy all shares of Dinasa and its subsidiary Sodigaz .Acquisition is scheduled to close in Q2 of 2017.  Full Article

Rubis sells Multigas to Gazechim
Friday, 2 Dec 2016 11:45am EST 

Rubis SCA :Rubis sells Multigas to Gazechim.  Full Article

Rubis to acquire Bermuda Gas & Utility Company Ltd
Tuesday, 12 Apr 2016 08:00pm EDT 

Rubis SCA:Has entered into a binding agreement to acquire Bermuda Gas & Utility Company Ltd from Ascendant Group Limited.Consideration amounts USD 17.7 million plus final adjustments to reflect working capital in business on completion.Completes the purchase of the remaining 25 pct of the Eres/Asca Group.  Full Article

Rubis proposes FY dividend of 2.42 euro per share
Wednesday, 9 Mar 2016 11:45am EST 

Rubis SCA:Proposes FY dividend of 2.42 euro per share.  Full Article

Rubis enters the fuel distribution business in Djibouti
Tuesday, 6 Oct 2015 11:45am EDT 

Rubis SCA:Won invitation to tender for taking over assets and Total branded business base in Djibouti.  Full Article

Rubis and Reatile Group will merge there Southern African LPG operations
Friday, 11 Sep 2015 11:45am EDT 

Rubis SCA:Easigas Ltd (Rubis' group) and Reatile Group to merge their LPG operations in Southern Africa.Merged operations will be owned 60 pct by Rubis group and 40 pct by Reatile Gaz.Easigas has operations in South Africa, Botswana, Lesotho and Swaziland and Reatile Gaz operates in South Africa and exports to Mozambique and Zimbabwe.  Full Article

Rubis announces successful capital increase of 133.6 million euros
Thursday, 11 Jun 2015 12:00pm EDT 

Rubis SCA:Announces successful capital increase of 133.6 million euros.Offer was subscribed for 418.8 million euros (subscription rate of 313 pct).2,784,092 new shares will be subscribed at a unit price of 48 euros.  Full Article

Rubis launches 133.6 million euro capital increase
Wednesday, 20 May 2015 02:43am EDT 

Rubis SCA:Launches 133.6 million euro capital increase with preferential subscription rights.Subscription price: 48 euros per share.14 existing shares give right to subscribe for 1 new share.Subscription period May 21 to June 4 inclusive.Capital increase to partially refinance recent acquisitions and current investments which total 600 million euros.  Full Article

Rubis signs agreement to acquire Eres
Monday, 23 Mar 2015 01:19pm EDT 

Rubis SCA:Announces signing agreement to acquire Eres.Transaction includes immediate purchase of 75 pct of shares followed by scheduled earn out payment.Will pay $315 million for 75 pct of shares including working capital of Eres, remaining purchase of 25 pct shares will take place in three years, and indexed on profit performance.Earn out element for maximum amount of $120 million is linked to profits and scheduled over period of three years.Eres is specialist in supply-transportation-logistic-retail of bitumen, operating in Western Africa.Intends to launch in coming months a right issue corresponding to 20 pct of its total cash spending.Has decided to halve use of existing equity line to some 1.2 million shares over 2015 and 2016 (market value of about 65 million euros).  Full Article

Rubis proposes FY 2014 dividend
Wednesday, 11 Mar 2015 12:45pm EDT 

Rubis SCA:Will propose dividend of 2.05 euros per share, up 5 percent versus year ago.  Full Article

More From Around the Web

BRIEF-Rubis to acquire leader in distribution of fuel products in Haiti

* Rubis to acquire the leader in the distribution of fuel products in Haiti