August 4, 2016/Cordros Reasearch Despite 15% y/y revenue growth, NESTLE reported 21% y/y EBITDA decline and lost after tax (the first in the company’s recent history) in the second quarter. The key drivers were (1) elevated cost pressure and (2) foreign exchange losses. These two factors are systemic in nature and […]
Updates
LafargeHolcim to divest Entire 65% Shareholding in LafargeHolcim Vietnam
August 4, 2016/LafargeHolcim LafargeHolcim announces it has signed an agreement with Siam City Cement Public Company Limited (“SCCC”) for the divestment of its entire 65 percent shareholding in LafargeHolcim Vietnam for an enterprise value of CHF 867 million (on a 100 per cent basis). LafargeHolcim Vietnam operates one integrated plant […]
Stanbic IBTC Names Salamatu Hussaini Suleiman I ndependent Non – Executive Director
August 4, 2016/NSE We are pleased to notify The Nigerian Stock Exchange that Stanbic IBTC Holdings PLC (“the Company”) has received all required Regulatory Approvals to appoint Mrs. Salamatu Hussaini Suleiman as an Independent Non-Executive Director on the Board of the Company. Mrs. Salamatu Hussaini Suleiman obtained an LLB (Hons) […]
