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RSA Insurance Group plc (RSANY.PK, RSA.L, RSA) announced Friday that it agreed and completed the sale of its 21.75 percent holding in Thailand insurer Syn Mun Kong to LeapFrog Thailand Holdings Ltd and Mindo Asia Investments Limited, an affiliate of Lombard Investments, Inc. of San Francisco, USA. RSA...

German wind turbines maker Nordex SE (NRDXF.PK) Friday reported double-digit growth in demand for Nordex products in Germany. Order intake in the final quarter of the year to date has risen by around 36 percent to 112.8 megawatts. The company noted that eleven different project developers, municipal...

Swedish automotive company Scania AB (SVKBY.PK) Friday said it continues to invest in Sweden, and that a new priming painting shop is now being put into service at its cab manufacturing facility in Oskarshamn. With the new paint shop, the technical capacity in Scania's European production structure...

Metso Corp. (MXCYY.PK) Friday said that following conclusion of the study related to Tampere foundry announced in 2013, Metso has decided to divest it to a Finnish company TEVO. The new owner will continue the foundry operations under the TEVO-Lokomo name at the foundry's current premises in Tampere. The...

Hanwha SolarOne Co., Ltd. (HSOL, SOLF), a photovoltaic manufacturer of high-quality, cost-competitive solar modules, said that Hanwha SolarOne Co., Ltd. has secured a 3-year $87 million term loan facility from the Export-Import Bank of Korea or KEXIM. The loan will mature on December 29, 2017 with payment...

Wolters Kluwer (WTKWY.PK), a provider of software services to the finance and healthcare sectors, has agreed to acquire SBS Software GmbH, a German provider of accounting and payroll solutions. Bretten-based SBS Software has over 100 employees and serves over 6,000 customers. The acquisition may close...

Spectris Plc (SEPJF.PK, SXS.L), a productivity-enhancing instrumentation and controls company, Friday announced that Bill Seeger and Ulf Quellmann will join the Board as Non-Executive Director with effect from January 1, 2015. Seeger will assume the role of Chairman of the Audit and Risk Committee...

Frontline Management (Bermuda) Ltd. (FRO, FRO.L) issued 3.98 million new ordinary shares on December 18, 2014. After the issuance, Frontline has an issued share capital of $111,582,612 divided into 111,582,612 ordinary shares. The company refers to the announcement by Frontline of the company's entry...

Oil and gas producer Santos Ltd. (STOSF.PK, SSLTY.PK, STO.AX) Friday said it had secured an additional 3-year, $1 billion bilateral bank loan facility. According to the company, the new facility with ANZ Banking Group significantly enhances Santos' liquidity profile and financial flexibility at attractive...

Shares of Fitbug Holdings Plc. (FITB.L) climbed around 45 pecent in the early morning trading in London after the provider of online personal health and wellbeing services Friday announced that it has agreed a number of new contracts with Bestbuy.com, Amazon.co.uk and US retailer Target Corp. (TGT)....

Carillion Plc. (CLLN.L) Friday said it has been selected by Argent as the preferred bidder to deliver three new prestigious buildings at the King's Cross regeneration project. This will involve the design and construction of a large commercial building and two new high-class residential buildings,...

UK-based outsourcing and support services provider Serco Group Plc (SRP.L) noted the announcement being made today by the City of London Police that it has concluded its investigation into the Prisoner Escort & Custody Services or PECS contract. The PECS contract has a key performance measure known...

UK regulator Ofcom Friday published a consultation as part of its review of the pay TV 'wholesale must-offer' remedy. The review will decide whether regulation seeking Sky to offer its Sky Sports 1 and 2 channels to other pay TV providers to ensure fair and effective competition in the UK's pay TV...

Vernalis plc (VER.L) said that that Novartis has informed Vernalis that it is has ceased all development work on AUY922, the novel intravenous Hsp90 inhibitor and rights from the programme will now revert to Vernalis. The programme was out-licensed to Novartis in 2004 and since then Vernalis has made...

Imperial Tobacco Group Plc (IMT.L, ITYBY.PK) has inked a deal in principle with The Flintkote Co., a U.S. company formerly engaged in the production and sale of asbestos-containing products, for $575 million for claims regarding certain disputed dividends and existing and potential asbestos claims. The...