HELSINKI – Enento Group Plc’s Board of Directors has appointed Teppo Paavola (born 1967) as the new Chief Executive Officer of Enento Group. He will start in the position on 7 January 2026. Paavola will succeed interim CEO Elina Stråhlman, who will continue in her role as the company’s CFO. Teppo Paavola brings deep…
WELLINGTON: New Zealand’s Infratil Limited (IFT.NZ) said on Monday it has agreed to acquire a further 4.92% stake in power generator Contact Energy Limited (CEN.NZ) for NZ$437.7 million ($261.5 million), increasing its total holding to 14.3%. The infrastructure investor will buy the stake from TECT Holdings, the former Tauranga Energy Consumer Trust, at NZ$8.95 per Contact share,…
DENVER: Newmont Corp. announced Monday that President and Chief Operating Officer Natascha Viljoen will succeed Tom Palmer as chief executive officer, effective Jan. 1. Palmer, who has led the world’s largest gold miner since 2019, will step down from the board and retire as CEO on Dec. 31, capping a 12-year tenure with the…
SYDNEY: Saunders International Ltd. (ASX:SND) has named Angelo De Angelis as its new managing director and chief executive officer, effective Oct. 1, 2025, following the planned departure of current CEO Mark Benson. De Angelis, who has served as chief operating officer since 2021, will assume the top role after a transition period during which…
LONDON: Severfield plc, the UK’s market-leading structural steel group, has appointed Paul McNerney as its new Chief Executive Officer following a comprehensive executive search. McNerney will assume the role in the autumn, with a formal start date to be announced. McNerney brings more than 25 years of leadership experience in construction and engineering, most…
CAIRNS: Reef Casino Trust (ASX:RCT) has received a conditional, non-binding bid from Morris Group, offering approximately A$184 million for all issued units of the trust in an off-market cash takeover. The proposal, submitted through MGGM Cairns No1 Pty Ltd, values each unit at A$3.70 and mirrors the key terms of a prior offer from…
NASHVILLE: FB Financial Corporation (NYSE: FBK), parent company of FirstBank, reported second-quarter net income of $2.9 million, or 6 cents per diluted common share, marking a sharp decline from 84 cents in the previous quarter and 85 cents a year earlier. Adjusted net income reached $40.8 million, or 88 cents per diluted share, up…
Boyd Gaming Corp. will sell its 5% equity stake in FanDuel Group to Flutter Entertainment in a deal valued at approximately $1.76 billion, the companies announced Thursday. The transaction, expected to close in the third quarter of 2025, would give Flutter full ownership of FanDuel, a U.S. sports betting giant, at an implied valuation…
LONDON: WPP plc (LSE/NYSE: WPP) today announces that Cindy Rose has been appointed as Chief Executive Officer (CEO) of the Company, effective 1 September 2025. Cindy succeeds Mark Read who will step down as CEO on the same date. Mark will continue to work with Cindy to support the transition until the end of…
LONDON: The High Court of Justice in England and Wales has sanctioned the proposed acquisition of Trakm8 Holdings plc by Brillian UK Limited, clearing the way for the deal to become effective next week. The acquisition, first announced on May 1, 2025, involves Brillian UK—a company within the Omegro portfolio and wholly owned indirectly…
JOHANNESBURG: Old Mutual has appointed Prabashini Moodley as Chief Executive Officer of its newly configured Life and Savings segment, effective Aug. 1, 2025, the company announced Monday. Moodley, a seasoned executive with over two decades at Old Mutual, will report directly to Group CEO Jurie Strydom. The Life and Savings segment will comprise four…