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Mytilineos says shareholders approve change in organizational structure

Friday, 7 Jul 2017 05:53am EDT

July 7 (Reuters) - MYTILINEOS HOLDINGS SA ::SAYS SHAREHOLDERS APPROVE CHANGE IN ORGANIZATIONAL STRUCTURE.SAYS NEW STRUCTURE TO HAVE 4 BUSINESS UNITS: EPC, ELECTRIC POWER, METALLURGY, GAS TRADING.

Ackermans & VAN HAAREN and CFE examine combination of their construction activities‍​

Wednesday, 28 Jun 2017 12:29pm EDT

June 28 (Reuters) - ACKERMANS & VAN HAAREN NV ::AND CFE EXAMINE COMBINATION OF THEIR CONSTRUCTION ACTIVITIES‍​.TRANSACTION COULD TAKE PLACE IN THE COURSE OF THE FOURTH QUARTER OF 2017.

Mytilineos sets the 300 mln euro bond yield

Tuesday, 20 Jun 2017 09:34am EDT

June 20(Reuters) - MYTILINEOS HOLDINGS SA ::SAYS THE YIELD FOR 5 YEARS EUR 300 MILLION BOND WILL BE IN A RANGE OF 3.00 PCT TO 3.50 PCT .THE INTEREST RATE MAY BE EQUAL TO THE FINAL YIELD OR BE LOWER BY UP TO 25 BASE UNITS.THE FINAL YIELD WILL BE DETERMINED BY THE JOINT COORDINATORS AND BOOKRUNNERS WITHIN THE YIELD RANGE FOR THE PARTICIPANTS IN THE BOOK BUILDING PROCESS.THE FINAL YIELD, THE INTEREST RATE AND THE OFFER PRICE SHALL BE PUBLISHED, AT THE LATEST, THE NEXT BUSINESS DAY FOLLOWING THE END OF THE PUBLIC OFFER.

Russell Stokes named president and CEO of GE Power

Wednesday, 14 Jun 2017 08:10am EDT

June 14 (Reuters) - General Electric Co :Russell Stokes named president and CEO of GE Power.General Electric Co - Russell Stokes takes over from retiring GE Power president and CEO Steve Bolze.General Electric Co - will combine GE Power and GE Energy connections into one business.General Electric Co - Stokes's appointment comes after Steve Bolze, former president and CEO of GE Power, announced his retirement.Prior to new role, Stokes was president and CEO of GE Transportation.

NuFlare Technology says top shareholder change

Tuesday, 6 Jun 2017 04:57am EDT

June 6(Reuters) - NuFlare Technology Inc <6256.T>:Says a Tokyo-based unit of TOSHIBA CORPORATION <<<6502.T>>> will hold 50 percent voting power (6 million shares) of the co and become co's top shareholder instead of TOSHIBA CORPORATION .Says change will occur on July 1.

Nishishiba Electric says top shareholder change

Monday, 5 Jun 2017 05:26am EDT

June 5(Reuters) - Nishishiba Electric Co Ltd <6591.T>:Says a Kawasaki-based unit of TOSHIBA CORPORATION <<<6502.T>>> will hold 54.7 percent voting power (21.3 million shares) and become top shareholder of the co instead of TOSHIBA CORPORATION .Says change will occur on July 1.

Russia's Sistema says Q1 net profit down 21 pct y/y

Monday, 5 Jun 2017 03:00am EDT

June 5 (Reuters) - Russian diversified business conglomerate Sistema , SSAq.L said on Monday::Q1 profit attributable to Sistema at 1.6 billion roubles ($28.3 million) versus 2.0 bln roubles in Q1 2016;.Q1 adjusted OIBDA at 44.4 billion roubles vs 43.0 bln roubles in Q1 2016;.Q1 revenue at 163.3 billion roubles vs 164.3 bln roubles in Q1 2016;.As of March 31, 2017, cash position at the holding level was 20.5 billion roubles; .Net debt at the holding level amounted to 73.8 billion roubles, compared with 83.5 billion roubles as of Dec. 31, 2016..Sistema is confident that the claims filed by Rosneft <<>> and Bashneft <<>> are unfounded and unlawful and Sistema will vigorously defend its interests by all legal means. nR4N1DP00R.

OSI Systems to acquire Explosive Trace Detection unit from Smiths Group

Thursday, 1 Jun 2017 09:00am EDT

June 1 (Reuters) - OSI Systems Inc :OSI Systems enters into definitive agreement to acquire Explosive Trace Detection (etd) business from Smiths Group Plc.OSI Systems Inc - deal for $75.5 million in cash.OSI Systems Inc - deal for expected to be accretive to fiscal year 2018 non-GAAP diluted earnings per share.OSI Systems Inc - expects to fund acquisition with a combination of balance sheet cash and borrowings from its existing $525 million credit facility.

Toshiba says conclusion of absorption-type company split agreement in respect of Energy Systems & Solutions Company and Nuclear Energy Systems & Solutions Division

Wednesday, 31 May 2017 05:19am EDT

May 31(Reuters) - Toshiba Corp <6502.T>:Says it plans to transfer its Energy Systems & Solutions Company (excluding Landis + Gyr Division and the Power and Industrial Systems Research and Development Center) and Nuclear Energy Systems & Solutions Division (excluding WEC Division ) to Toshiba Energy Systems & Solutions Corporation, on Oct.1 .Says previous news was disclosed on April 24.

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