New Veld will sell its entire 34.39% Alexforbes holding through a company share repurchase and a separate sale to ARC AF Holdings, with closing expected in the first…
Premiums continued to grow and policies in force reached 40.5 million, but August underwriting profitability was weaker than a year earlier.
Cygnus investors backed the scheme with 98.35% of votes cast in favor, while court approval and Kazakhstan consent remain outstanding.
The shares are intended for Magnum’s employee benefit trust, following completion of an earlier 5.4 million-share incentive-related purchase tranche.
SK Capital, Sherfam and Allan Oberman sold 25 million Apotex shares at C$34 each, with all proceeds going to the selling shareholders and none to Apotex.
The German industrial supplier will acquire 9.3 million shares and cancel them after the residual allocation was about 17 times oversubscribed, completing its planned €260 million capital return…
Sales volumes also rose 0.9% over the latest three months, while online spending climbed and fuel sales weakened as pump prices rose.
The BOJ lifted its overnight call-rate target by 25 basis points, extending its exit from ultra-low rates even as August core inflation remained below 2%.
The proposed notes would finance remaining construction, reimburse prior CleanSpark equity contributions and fund debt-service reserves for the 175 MW Georgia project.
The AI cloud company is marketing convertible senior notes due 2033, with expected pricing that could bring the total offering to as much as $3.5 billion.