The 2012 financial results of China Specialty Glass AG ("CSG"), holding company of one of the largest producers of security glass in China, are impacted by a negative one-off effect of 12.5 million Euros. This one-off effect resulted ...
Tags: Glass, Construction, Decoration
Israel Corp is considering splitting into two companies, the holding company which holds a majority stake in Bazan Group and Israel Chemicals, said on Wednesday. The statement to the Tel Aviv Stock exchange said that its board of ...
Tags: Chemicals
Insurance holding company Assured Guaranty (AGO) has inked a settlement agreement with Flagstar Bank, for violation of representations and warranties (R&W) in insured residential mortgage-backed securities (RMBS). The insurer will receive ...
Tags: Flagstar Bank, Service, AGO
New Zealand-based agricultural supply business PGG Wrightson (PGW) has cPGW, a majority-owned subsidiary of Agria, is a provider of agricultural products, services and solutions to growers, farmers and processors in New Zealand, China and ...
Tags: PGG Wrightson, Food
China-based Yingli Green Energy Holding Company (Yingli Solar) has reported consolidated revenues for the first quarter of 2013 dropped. Yingli Solar's first-quarter revenues came to CNY2,679.3 million (US$436 million), lower than ...
Tags: Yingli Solar, Lighting
American International Group (AIG) and People’s Insurance Company (Group) of China (PICC) and PICC Life Insurance have signed a joint venture (JV) agreement to set up an agency distribution company in China. The US insurer invested ...
Police in the southern Italian city of Taranto have confiscated €8.1 billion worth of property and goods belonging to the Riva family, owners of the Riva Fire holding company which controls the troubled Ilva steel plant, as widespread ...
Tags: Italy, production, steelmaking, European Union, Brescia
Title insurance, mortgage services and diversified services provider Fidelity National Financial (FNF) has signed an agreement to purchase mortgage-services provider Lender Processing Services (LPS), for about $2.9bn. Under the terms of ...
Florida-based holding company Homeowners Choice has changed its name to HCI Group, Inc., following approval from shareholders. Change to the company's name is expected to provide several benefits, including improved representation of the ...
Tags: HCI Group, Homeowners Choice
Drink giant Diageo has moved closer to gain control over India-based United Spirits Limited (USL) after having purchased 10% of the proposed 53.4% stake in USL for £300m through its wholly-owned subsidiary Relay BV. Following the ...
Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new ...
Tags: Apple, Computer Products
The European Commission has set out guidelines for investors on the unbundling of electricity and gas grids, setting out when investors can own grid assets as well as interests in gas or power supply, generation or production activities. ...
Tags: European Commission, Chemicals
Multinational insurance holding company AmTrust Financial Services has purchased Mutual Insurers Holding Company (MIHC) and its subsidiary, First Nonprofit Insurance Company (FNIC). Headquartered in Chicago, Illinois, FNIC offers low ...
Tags: insurance carrier, insurance
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval. The ...
Tags: Fairfax, Hartville Group
Spartanburg, South Carolina-based Synalloy Corporation announced Thursday that its Synalloy Metals' fabrication subsidiary has been awarded an additional contract on an international project. Synalloy Fabrication's Ram-Fab unit has been ...
Tags: Synalloy Corp, Fabrication Project