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Sasol Limited (SSL) announced the company has increased its existing $1.5 billion revolving credit facility to $3.9 billion and extended the maturity to five years with the inclusion of two further extension options of one year each. Citi and Mizuho Bank, Ltd. were mandated as Joint Global Co-ordinators...

South African integrated energy and chemicals company Sasol Ltd. (SSL) on Thursday unveiled its refined corporate strategy, aiming for sustainable growth and accelerated shareholder returns. The company expects to deliver at least 12% ROIC and 5% earnings before interest and tax growth through the cycle,...

Zurich announced it will target $5 billion for the entire portfolio of impact investments, more than double the original commitment of $2 billion. Earlier in the current year, the company announced that it had achieved its multi-year goal of investing $2 billion in green bonds, part of its impact investing...

MorphoSys AG (MPSYY.PK) announced that its licensee Janssen-Cilag International has reported that the European Commission has granted approval of Tremfya (guselkumab) in the European Union for the treatment of adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy. MorphoSys...

Caledonia Investments Plc (CLDN.L) Thursday said its pre-tax profit for the first half slightly declined to 10.5 million pounds from 11.7 million pounds a year ago. Earnings per share were 18.7 pence, compared to 20.9 pence in the prior year. Total revenue for the period slipped to 19.9 million pounds...

GlaxoSmithKline plc (GSK) and Innoviva, Inc. (INVA) Thursday announced the filing of a supplemental New Drug Application with the FDA for the use of Trelegy Ellipta for an expanded indication for the maintenance treatment of airflow obstruction and reduction of exacerbations in patients with chronic...

Angle plc (AGL.L) Thursday said it signed a collaboration with Philips to develop liquid biopsy solutions in breast and rectal cancer. Philips has successfully secured a European Union research grant worth 6.3 million euros, of which 0.4 million pounds will flow to Angle. The company said the collaboration...

Mitchells & Butlers plc (MAB.L, MLB), an operator of managed restaurants and pubs, reported Thursday that its fiscal 2017 profit before tax declined to 77 million pounds from last year's 94 million pounds. Basic earnings per share were 15.1 pence, down from 21.6 pence a year ago. Adjusted earnings...

Remy Cointreau (REMYF.PK) Thursday reported an increase in first half net profit excluding non-recurring item to 90.3 million euros from 76.6 million euros a year ago. Earnings per share for the quarter was 1.82 cents from 1.857 cents in the prior year. On a reported basis, current operating profit increased...

thyssenkrupp (TYEKF.PK) recorded a net loss of 591 million euros for the year ended Sept. 30, 2017 due to one-time earnings charges as a result of the sale of the Brazilian steel mill CSA in the second quarter, compared to prior year net profit of 261 million euros. After deducting minority interest,...

Billionaire activist-investor Carl Icahn has brought a 13.51 percent stake in SandRidge Energy, according to a Securities and Exchange Commission filing. The investor also joined with other shareholders to oppose the company's proposed acquisition of Bonanza Creek, citing its too expensive. Icahn...

TimkenSteel Corp. (TMST), a provider of tailored steel products and services, announced Wednesday that it has reached a third tentative agreement with the United Steelworkers or USW Local 1123 on a four-year contract. The union will set and announce the date for its membership to vote on the tentative...

American Securities LLC, U.S. private equity firm, said that it has entered into a definitive agreement to sell SeaStar Solutions to Dometic Group for $875 million. The transaction is expected to close in the fourth quarter of 2017, and is subject to customary closing conditions and regulatory approvals. SeaStar...

Trian Fund Management, L.P., whose investment funds beneficially own approximately $3.5 billion of shares of The Procter & Gamble Company (PG), expressed its disappointment in P&G's decision to review and challenge the November 15, 2017 official preliminary voting tabulation by IVS Associates, Inc.,...

Laureate Education Inc. (LAUR), and Galileo Global Education, a company under the umbrella of Providence Equity, a global asset management firm, have signed an agreement for the sale of Laureate's institutions in Italy and Cyprus for a total transaction value of 225 million euros or $263 million at the...

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