LONDON, UK: Rio Tinto has appointed Jérôme Pécresse to lead its Aluminium business, succeeding Ivan Vella. Jérôme, who was until recently President and CEO of General Electric (GE) Renewable Energy, will join Rio Tinto on 23 October 2023. Jérôme is…
SYDNEY, AUSTRALIA: RPM Automotive Group Limited (ASX: RPM), a leading player in the Australian automotive aftermarket sector, has announced that Guy Nicholls, a current Non-Executive Director, will become an Executive Director and take on the role of Chief Operating Officer…
SYDNEY, AUSTRALIA: Orora Group has entered into arrangements relating to the acquisition of Saverglass, a global leader in the design, manufacturing, customisation and decoration of high-end bottles for the premium and ultra-premium spirit and wine markets. The enterprise value of…
AUCKLAND, NZ: Auckland Airport has announced the resignation of its Chief Infrastructure Officer Andre Lovatt, who will leave the organisation in December 2023 to join KiwiRail in the same role. Mr Lovatt has been with Auckland Airport for five years…
LONDON, UK: TI Fluid Systems (LON:TIFS), a leading global supplier of automotive fluid systems technology, has agreed to acquire Cascade Engineering Europe, a Hungarian-based leader in the design and manufacturing of thermal fluid connectors and other complex plastic injection moulded…
LONDON, UK: PZ Cussons, a British consumer goods company, has announced its intention to acquire the remaining shares of its Nigerian subsidiary, PZ Cussons Nigeria Plc (PZCN), and de-list it from the Nigerian stock exchange. The move is aimed at…
LONDON, UK: Caledonia Investments plc has agreed terms for the sale of its majority stake in Seven Investment Management (7IM), a vertically integrated retail wealth management business, to Ontario Teachers’ Pension Plan Board (OTPP), a global investor with approximately C$250…
LONDON, UK: Molecular Energies (AIM: MEN), an international energy company, has announced its plan to sell its oil and gas business in Argentina to PLLG Investments Limited, a company owned by Peter Levine, for up to US$40 million. The deal…
Lucy Pilko will be the new Americas CEO of AXA XL, a global insurer and reinsurer, starting from 30 October. She will be based in New York and oversee the US, Canadian, and Bermudian insurance operations. Pilko joins AXA XL…
LONDON, UK: Kier Group plc has agreed to buy most of the rail assets and the HS2 contract of Buckingham Group Contracting Limited, which is in administration, for £9.6 million in cash. The HS2 contract is for supplying EKFB, a…
LONDON: The London Stock Exchange Group PLC (LSEG) is working on a new trading platform that will use blockchain technology to trade traditional financial assets, such as equities. This was reported by the Financial Times on Monday. According to the…
OSLO, NORWAY: Zenith Energy (OSE: ZENA), the international energy production and development company, has signed an MOU with a company incorporated in Kazakhstan securing a period of exclusivity for a duration of ninety days to evaluate a potential acquisition. The…