Highways / Railtracks
Societa Iniziative Autostradali e Servizi SpA Approves Merger by Incorporation of Wholly-Owned Subsidiary Holding Piemonte e Valle d'Aosta SpA
Societa Iniziative Autostradali e Servizi SpA announced that the Board of Directors has approved the merger by incorporation of the wholly-owned subsidiary Holding Piemonte e Valle d'Aosta SpA into the Company. The transaction is estimated to be concluded by September 2013.
Chongqing Road and Bridge Co Ltd to Transfer Assets
Chongqing Road and Bridge Co Ltd announced that it will transfer the assets of a real estate project in construction progress to its wholly owned subsidiary, a Chongqing-based real estate company, at the assets' book value of RMB 143,643,871.71. The rights and obligations of the project agreement will be also transferred.
Societa Iniziative Autostradali e Servizi SpA Deliberates on Merger by Incorporation of Wholly-Owned Subsidiary Holding Piemonte e Valle d'Aosta SpA
Societa Iniziative Autostradali e Servizi SpA announced that the Board of Directors has deliberated to start activities towards the implementation of the merger by incorporation of the wholly-owned subsidiary Holding Piemonte e Valle d'Aosta SpA into the Company. The Company notified that the holders of the bond denominated, SIAS 2,625% 2005-2017 convertibile in azioni ordinarie, have the right to exercise their conversion rights from April 16, 2013 until May 15, 2013.
PT Nusantara Infrastructure Tbk Announces Internal Restructuring Transaction
PT Nusantara Infrastructure Tbk announced that as part of its internal restructuring transaction, the Company has transferred its entire stake in PT Bintaro Serpong Damai (BSD) and PT Bosowa Marga Nusantara (BMN) to PT Margautama Nusantara (MUN), all are Company's subsidiaries.
Ecorodovias Infraestrutura e Logistica SA Approves Merger of Its Direct and Indirect Subsidiary
Ecorodovias Infraestrutura e Logistica SA announced that on December 31, 2012 its Board of Directors approved the incorporation of Elog SA, a direct subsidiary of the Company, by its controlling shareholder Elog Sudeste SA, an indirect subsidiary of the Company.
Ecorodovias Infraestrutura e Logistica SA Announces Tecondi Complex Corporate Restructuring
Ecorodovias Infraestrutura e Logistica SA (EcoRodovias) announced that together with Ecoporto Holding SA (Ecoporto) on November 27, 2012 the Board of Directors and shareholders of the involved companies (as mentioned below) approved the corporate restructuring involving companies of the Tecondi Complex composed of Tecondi -Terminal para Conteineres da Margem Direita SA, Termares Terminais Maritimos Especializados Ltda and Termlog Transporte e Logistica Ltda, companies indirectly controlled by the Company. The restructuring will be done through the incorporation of CFF Participacoes Ltda and Ecoporto by Aba Porto Participacoes SA, the direct parent of companies of the Tecondi Complex which, in the next step, will be split up and incorporated by companies members of the Tecondi Complex which after that, will be directly controlled by the Company.
TPI Triunfo Participacoes e Investimentos SA Announces Activities Restructuring
TPI Triunfo Participacoes e Investimentos SA announced that its Board of Directors on September 13, 2012 approved the corporate restructuring that consists of: a partial split-off of TPILOG SA (TPI-LOG) with the transfer of the spun-off part to Maris Gaudium Empreendimentos e Participacoes SA (MG) and to Starport Participacoes Ltda (Starport); a subsequent merger by incorporation of MG and Starport by Portonave SA - Terminais Portuarios de Navegantes (Portonave); and the transfer of the holding in Portonave that the Company holds after the above-mentioned operations to TPI-LOG.
Abertis Infraestructuras SA Announces Reorganization and Integration of Obrascon Huarte Lain SA’s Obrascon Huarte Lain Brasil SA Operations; To Acquire Obrascon Huarte Lain SA’s Chilean Assets
Abertis Infraestructuras SA (Abertis) announced that it has reached an agreement with Obrascon Huarte Lain SA (OHL) to proceed with a general reorganization and integrate OHL’s Obrascon Huarte Lain Brasil SA (OHL Brasil) into Abertis’s operations. The reorganization will consist on a partial split of OHL’s OHL Concesiones SA, an entity which holds a 100% stake in Participes en Brasil SL, the majority shareholder of OHL Brasil with a 60% stake. The operation would involve the integration of OHL Concesiones SA’s split assets, including Participes en Brasil SL and SPI-Sociedade para Participacoes em Infraestrutura SA, into Abertis’s operations. In order to proceed with the reorganization, OHL will acquire a 10% stake in Abertis. Additionally, it was announced that under the same agreement, Abertis will acquire OHL’s Chilean assets for a total amount of approximately EUR 200 million. Other details were not disclosed.
Shandong Expressway Company Limited Announces Internal Reorganization
Shandong Expressway Company Limited announced that it will have its Jinan Branch, Zibo Branch, Weifang Branch and Qingdao Branch to merge with each other, to form Jiqing Branch, and have its Jingfu Highway Dezhou Branch and Jinan Branch to merge with each other, to form Jingtai Branch of a Shandong-based highway operation management company.
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| Healthcare | -0.04% |
| Technology | +0.58% |
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| DOW | 15,033.98 | +59.02 |
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Analyst Research
| Report Title | Price |
|---|---|
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Provider: Edison Investment Research
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$10.00
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Provider: Finlabo SIM Spa
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$10.00
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Provider: SADIF-Investment Analytics, S.A.
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$25.00
|
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Provider: GlobalData
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$125.00
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Provider: GlobalData
|
$125.00
|
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