News: Nexans SA (NXPRF.PK)

NXPRF.PK on OTC Markets Group

40.25USD
18 Sep 2014
Price Change (% chg)

$-0.29 (-0.72%)
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Thu, Sep 18 2014

French group develops mass electric car charging stations

* Salvaged Renault car batteries assembled for power storage

France's Nexans to close Melbourne factory by year-end

PARIS, June 5 - French cable maker Nexans is to close one of its two plants near Melbourne, Australia by the end of the year, the company's chairman and chief executive, Frederic Vincent, said on Thursday.

France's Nexans agrees to end lock-up deal with top shareholder

PARIS/SANTIAGO - French cable maker Nexans , fresh from a management shake-up spurred by shareholder pressure, said on Thursday it would allow its top shareholder, Invexans , to end an agreement that locked its holdings at a set level.

UPDATE 3-Cable maker Nexans splits chairman, chief executive roles

* Top shareholder wants end to lock-up agreement (Adds vote result)

Cable maker Nexans splits chairman, chief executive roles

PARIS - French cable maker Nexans bowed to shareholder pressure for a management shakeup on Thursday and split chairman and chief executive Frederic Vincent's dual role.

UPDATE 2-Cable maker Nexans splits chairman, chief executive roles

* AGM later on Thursday (Adds shareholders' comments, shares)

Nexans boss faces vote to push him off board

PARIS, May 15 - Shareholders in French cable firm Nexans' will vote on Thursday on a resolution to push chairman and chief executive Frederic Vincent off the board.

UPDATE 2-Cable-maker Nexans says no merger talks with Prysmian

* Any such deal would face regulatory, political hurdles (Adds context on campaign to oust Nexans boss, updates shares)

Adviser ISS backs hedge fund vote against Nexans boss

PARIS - ISS Proxy Advisory Services is advising shareholders in Nexans to back a hedge fund resolution to dismiss its Chairman and Chief Executive Frederic Vincent from the board at the French cablemaking company's May 15 annual meeting.

Adviser ISS backs hedge fund vote against Nexans boss

PARIS, April 15 - ISS Proxy Advisory Services is advising shareholders in Nexans to back a hedge fund resolution to dismiss its Chairman and Chief Executive Frederic Vincent from the board at the French cablemaking company's May 15 annual meeting.

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