Author: PageOne

CocaCola Hellenic directors acquire 965 units of shares
Global

CocaCola Hellenic directors acquire 965 units of shares

CocaCola Hellenic Bottling Company, the parent company of Nigerian Bottling Company, NBC said its directors have acquired about 965 units of shares. The disclosure said the shares were acquired under Company’s Employee Share Purchase Plan, ESPS. See below the details: PDMR Number of shares acquired under the ESPP Share price […]

Norbert Bielderman resigns as CEO of NAHCO
aviation

Norbert Bielderman resigns as CEO of NAHCO

The Nigerian Aviation Handling Company (NAHCO Aviance) has announced that its chief executive, Norbert Bielderman has resigned from his position as Managing Director and CEO. In an official statement available to PageOne.ng, Nobert Bielderman’s resignation will be effective from August 21, 2017. Following his resignation, Mrs. Folashade Ode was appointed […]

Total buys Maersk Oil for USD7.45 billion
Global

Total buys Maersk Oil for USD7.45 billion

Total has announced that its board and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), a wholly owned subsidiary of A.P. Møller – Mærsk A/S, by Total in a share and debt transaction. […]

Tony Fountain appointed as chairman of Essar Oil
Global

Tony Fountain appointed as chairman of Essar Oil

After the acquisition of Essar Oil Limited, the consortium has appointed a new board of directors for the company headed by Tony Fountain. The members appointed to the Essar Oil board are as follows: Mr Tony Fountain, Chairman of Essar Oil Ltd and Non-Executive Director, (UCP nominee) Mr Andrew Balgarnie, […]

Trafigura, UCP acquire 49% stake in India’s Essar Oil
Global

Trafigura, UCP acquire 49% stake in India’s Essar Oil

Trafigura and a private investment group UCP Investment Group has completed the acquisition of a 49 percent stake in Mumbai-based Essar Oil Limited (EOL) from Essar Energy Holdings Limited and Oil BidCo (Mauritius) Limited. Trafigura said in a statement that the acquisition includes the Vadinar oil refinery and world-class storage […]