Reuters UK Business

AMSTERDAM (Reuters) – ABP, the Netherlands’ largest pension fund, has sold its shares in tech companies Meta and Alphabet, its CEO told Dutch newspaper FD in an interview published on Monday. CEO Harmen van Wijnen said the companies no longer fit the fund’s governance criteria. FD reported last month that ABP had sold its shares …

Dutch pension fund ABP sells all Alphabet and Meta shares, CEO tells newspaper FD Read More »

By Pushkala Aripaka and Yadarisa Shabong (Reuters) -British healthcare property developer Assura has rejected a 1.56 billion pound ($2 billion) acquisition bid from KKR and pension fund Universities Superannuation Scheme, the U.S.-based private equity group said on Monday. Assura’s shares jumped nearly 18% to 46 pence, still just over half of their peak price of …

UK’s Assura rejects $2 billion buyout bid from KKR, pension fund Read More »

By Sinead Cruise, Lawrence White and Selena Li LONDON/HONG KONG (Reuters) – Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets activity. Four shareholders, including two of the 20 largest, said last month’s decision …

HSBC investors back CEO’s investment banking retrenchment Read More »

(Reuters) -Petra Diamonds on Monday said it has appointed joint CEOs to replace Richard Duffy, who has resigned “by mutual agreement and with immediate effect” amid a wider loss of $69 million for the half-year to December 2024. The diamond miner said in a statement it has appointed Chief Restructuring Officer Vivek Gadodia and Juan …

Petra Diamonds appoints two CEOs as it battles widening losses Read More »

JOHANNESBURG (Reuters) -Anglo American Platinum will pay an additional $856 million cash dividend ahead of its planned spinoff into a standalone unit, it said on Monday. The payout is despite annual profit slumping 40% to about 8.4 billion rand ($456.7 million) as lower platinum-group metal prices continue to squeeze earnings. Johannesburg-based Amplats said the 15.7 …

Anglo Platinum pays $856 million top up cash dividend before spinoff Read More »