News And Announcements
McCarthy out, Adshead in as Ultimate Products chair
Ultimate Products, the parent of homeware brands including Salter and Beldray, announced a change in its leadership on Monday, with James ‘Jim’ McCarthy deciding to step down as non-executive chair from 31 July.
Supermarket Income REIT buys portfolio of Carrefour supermarkets for €75.3m
Supermarket Income REIT said on Monday that it has bought a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction for €75. 3m.
Kosmos Energy refinances reserve-based lending facility
Kosmos Energy announced the refinancing of its reserve-based lending (RBL) facility on Monday, with its final maturity now set for December 2029.
Endeavour pours first gold at Senegal mine
Endeavour Mining said it had poured first gold from the Sabodala-Massawa BIOX Expansion project in Senegal on April 18.
AstraZeneca makes progress with two breast cancer treatments
AstraZeneca issued favourable updates on two of its breast cancer treatments on Monday - ‘Truqap’, or capivasertib, and ‘Enhertu’, or trastuzumab deruxtecan - following encouraging results from respective phase three trials.
Wood Group creates new chief strategy officer role
Consulting and engineering business Wood Group has created a new executive role of chief strategy officer to look after things like sustainability and corporate development.
Insurer Beazley keeps guidance after solid Q1 premiums growth
Insurance group Beazley said that first-quarter results were in line with guidance with insurance written premiums (IWP) growing at high single digits.