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AG Leventis Plc (AGLEVE.ng) 2017 Abridged Report

first_imgAG Leventis Plc (AGLEVE.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2017 abridged results.For more information about AG Leventis Plc (AGLEVE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the AG Leventis Plc (AGLEVE.ng) company page on AfricanFinancials.Document: AG Leventis Plc (AGLEVE.ng)  2017 abridged results.Company ProfileThe A.G. Leventis Group is a leading manufacturing and distribution company in Nigeria and West Africa supplying a variety of products and services across a range of industries including general dealerships, motor dealerships and real estate. The company has business interests in supplying power and gas products, consumer foods and bakery products and printing supplies as well as offers products and services for the real estate, hotel and commercial vehicles sectors. AG Leventis (Nigeria) Plc operates through a number of subsidiaries; Leventis Foods Plc, Leventis Motors, Abuja (Capital Motors) Plc, Mainland Hotels, Leventis Real Estate, Druckfarben Nigeria Plc and Chrisstahl Nigeria Plc. The company was established by Chief AG Leventis in Ghana in 1937 and mainly supplied local and imported textile products. It devolved into Leventis Motors Plc, Leventis Stores Plc, Leventis Technical Plc whilst it retained ownership of valuable freehold and leasehold property throughout Nigeria. Through a series of mergers and schemes of arrangement, the independent companies were dissolved and AG Leventis (Nigeria) Plc was established. The company’s head office is in Lagos, Nigeria. AG Leventis (Nigeria) Plc is listed on the Nigerian Stock Exchangelast_img read more

Trans-Century Limited (TCL.ke) 2018 Abridged Report

first_imgTrans-Century Limited (TCL.ke) listed on the Nairobi Securities Exchange under the Investment sector has released it’s 2018 abridged results.For more information about Trans-Century Limited (TCL.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Trans-Century Limited (TCL.ke) company page on AfricanFinancials.Document: Trans-Century Limited (TCL.ke)  2018 abridged results.Company ProfileTrans-Century Limited is an infrastructure company offering services and expertise in power infrastructure, infrastructure projects and engineering infrastructure. Power infrastructure includes manufacturing electrical cables, overhead conductors, power and control cables, data and communication cables, instrumentation and control cables, mining cables, transformers and switchgear. Infrastructure projects include critical energy and transport infrastructure which supports key pillars of the domestic and export economy. Engineering infrastructure includes providing services for mechanical engineering, civil engineering, transport and logistics and craneage and erection services. Trans-Century Limited has operating divisions in 14 countries in East, Central and Southern Africa. The company was established in 1997 by a group of leading Kenya professionals and investors looking to invest in growth sectors in Africa. Its head office is based in Nairobi, Kenya. Trans-Century Limited is listed on the Nairobi Securities Exchangelast_img read more

Money to invest? I’d follow Warren Buffett to get rich

first_img See all posts by Peter Stephens Peter Stephens | Thursday, 20th August, 2020 Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: The Motley Fool Money to invest? I’d follow Warren Buffett to get rich The past success of investors such as Warren Buffett means that they can offer worthwhile views on where to invest today in what is an increasingly uncertain stock market.While risks are high, and there is ongoing potential for a market crash, Buffett’s long-term approach to investing could lead to high returns.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Similarly, his focus on investing in industries he understands could be worth mirroring within your own portfolio.Warren Buffett’s holding periodWhile many investors may be trying to work out whether a second market crash will occur, or if there will be a market rally, Warren Buffett has always taken a long-term view when it comes to investing. This means that the short-term performance of an investment portfolio is unlikely to be of great significance – as long as it offers high total returns in the long run.The past performance of the stock market suggests that this strategy could be sound. After all, the best buying opportunities are often found when investors feel that the risks facing the world economy and the stock market are at their highest level. In such a scenario, the stock market may have already priced in those risks, which can lead to wide margins of safety being on offer for high-quality stocks.Investing in what you knowIt’s easy for any investor to buy a wide range of stocks in multiple industries to try and diversify. However, this may mean that you do not have a sufficiently large understanding of those industries to identify the best companies at the most attractive prices.Therefore, following Warren Buffett in terms of investing in sectors that you understand could be a good idea. He has focused his capital on a relatively small number of industries, and has been able to identify the most attractive companies within them.This point may be especially relevant at the present time. Many sectors are undergoing periods of rapid change that could provide opportunities for disruptive business models, as well as difficult futures for existing companies. Through learning about the intricacies of a specific industry, you may stand a better chance of investing in those businesses with long-term growth potential.Focusing on equitiesWarren Buffett has invested the vast majority of his wealth in equities. Although the recent market crash may make other assets such as gold and Bitcoin more attractive in the eyes of some investors, the track record of the stock market suggests that it offers the most attractive risk/reward ratio of mainstream assets.With stock prices being exceptionally low in some industries right now, there may be opportunities to obtain market-beating returns in the coming years. Investing now could improve your financial prospects, and allow you to enjoy greater financial freedom in the long run. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997”last_img read more

Missouri bishop appoints deputy for gun violence prevention

first_img New Berrigan Book With Episcopal Roots Cascade Books Curate (Associate & Priest-in-Charge) Traverse City, MI Priest-in-Charge Lebanon, OH Rector Belleville, IL Tags Rector Bath, NC Gun Violence, Rector Tampa, FL People Comments (3) Rector/Priest in Charge (PT) Lisbon, ME Missouri bishop appoints deputy for gun violence prevention [Episcopal Diocese of Missouri] “People of faith must challenge the tragedy of gun violence and I lend my voice to that challenge,” said the Rt. Rev. Wayne Smith, bishop of the Episcopal Diocese of Missouri, announcing the appointment of the Rev. Marc D. Smith, as deputy for gun violence prevention, less than a week after a mass shooting at a gay nightclub in Orlando claimed the lives of 49 people.“The devastation and grief that follow mass shootings call for prayer, certainly, but they also require action from us. The gun violence in our region, happening nearly every day, calls for the same,” Marc Smith said. “The issue of gun violence is a public health issue.”The new position of deputy for gun violence prevention is first and foremost as a convener and facilitator of people of faith and people with expertise in public health around the issue of gun violence prevention.“Many activities are going on in our community around gun violence — in our hospitals and universities, as well as in our faith communities — and all are important,” said Marc Smith. Up to this point, collaboration and specific interventions have been limited.The second goal of this new collaboration seeks to identify specific strategies that show promise in addressing some aspect of the ongoing crisis in gun violence. “Not just to do good,” said Marc Smith, but to document and evaluate the outcomes through rigorous scientific research. “If we can’t learn from experience or replicate results, the benefit of this ministry is really limited.”Smith acknowledged that the issue of gun violence in the U.S. is a crisis and that with his new appointment he hopes to weave gun violence prevention into the fabric of church life and into the community. “To no longer accept gun violence as ‘simply part of the urban landscape,’ we must actively engage in this ministry,” said Smith.Both Smiths are committed to helping the church ‘own’ the issue, much as it has embraced issues of hunger, and continues its work on racism. The plan is to use the grant-making process to bind organized faith communities into this task of addressing gun violence, and to share that with the broader community.“Living in St. Louis makes me aware of gun violence and its cost, every day of my life,” said Bishop Smith. “In this context, the tragedy that happened in Orlando provides no new learning for me. But there is learning because this tragedy happened in a gay bar. Dear friends and loved ones in the LGBT community have known what it is to live with the threat of violence, and sometimes violence itself. Orlando has held this reality before all of us, and it has drawn me into a deeper solidarity with a community so often targeted for violence.”“At this raw moment,” the bishop continued, “I am very glad that the Diocese of Missouri is poised to take tangible action in response to the epidemic of gun violence. This, I believe, is where the crucified one is leading us.”Soon after he was appointed head priest at Ascension Episcopal Church in Northwoods, Marc Smith encountered gun violence. A 13 year old girl was killed in a drive-by shooting and her grandmother was a food pantry client at Ascension. The wake and funeral were filled with family and friends and for many the scene had become commonplace.“Every life is precious under every circumstance,” said Marc Smith. “Part of our responsibility, part of my responsibility is to shake things up and make this scenario too uncomfortable for it to be common place.”While Marc Smith hopes that people of faith and people in healthcare may choose to shape legislation, “organizationally that will not be our role. Public debate about the many factors associated with gun violence is essential, but our work will be to intervene directly to decrease these numbers now.” This part of the work is missional to Marc Smith, and he plans to share this message through church pulpits.The position began as a conversation two years ago at an Episcopal Presbyterian Health Trust (EPHT) board meeting which Bishop Smith chairs and Marc Smith serves as member. It came from the desire to “do something strategic, proactive, and highly focused” in the area of gun violence prevention, said Marc Smith.Before he was ordained an Episcopal priest in June 2011, Marc Smith was chief executive officer and president of the Missouri Hospital Association from 1998-2009. He led the association in access to health care services for the poor, and enhanced the transparency of hospital operations, financing and quality.The massacre in Orlando heightens our attention to gun violence. But the face of gun violence is every bit as much the 18 year old in north city as the club attendee in Orlando or the 6 year old at Sandy Hook. Smith added, “We can and must do better for all of them.” Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Associate Rector Columbus, GA Rector Washington, DC Press Release Service Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York June 17, 2016 at 10:42 am Don, thanks for the chances to correct a gross error and point out some real hope.Cars crashes kill almost identical numbers of Americans as guns, sometimes a few less. Despite their ubiquity, utility, and the universality of our exposure. If you follow the link below, the deaths per mile are exquisitely low (and yet we continue to innovate and regulate to make them even safer.)Firearms on the other hand, continue to grind through our lives unabated. Imagine what we could do if we tried.https://en.m.wikipedia.org/wiki/List_of_motor_vehicle_deaths_in_U.S._by_year#/media/File%3AUSA_annual_VMT_vs_deaths_per_VMT.pnghttps://upload.wikimedia.org/wikipedia/commons/thumb/2/20/Ushomicidesbyweapon.svg/2000px-Ushomicidesbyweapon.svg.pnghttps://en.m.wikipedia.org/wiki/List_of_motor_vehicle_deaths_in_U.S._by_year Canon for Family Ministry Jackson, MS An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Pittsburgh, PA Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 David Flentje says: AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Youth Minister Lorton, VA Associate Priest for Pastoral Care New York, NY Rector Martinsville, VA Rector Knoxville, TN Advocacy Peace & Justice, Rector Smithfield, NC Director of Music Morristown, NJ TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Bishop Diocesan Springfield, IL center_img Rector Shreveport, LA The Rev. Charles H. Morris, D. Min. says: Curate Diocese of Nebraska Submit a Job Listing In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Collierville, TN By diocesan staffPosted Jun 16, 2016 Donald Heacock says: Director of Administration & Finance Atlanta, GA Assistant/Associate Priest Scottsdale, AZ Rector (FT or PT) Indian River, MI Associate Rector for Family Ministries Anchorage, AK Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector and Chaplain Eugene, OR Assistant/Associate Rector Morristown, NJ Priest Associate or Director of Adult Ministries Greenville, SC Rector Hopkinsville, KY Featured Jobs & Calls Missioner for Disaster Resilience Sacramento, CA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group June 16, 2016 at 8:23 pm Gee I do regret your priorities since car violence takes more lives than guns. Do I see a slight bias. It is blessed by the crucified one. Hum did he not say I have come to bring a sword? Assistant/Associate Rector Washington, DC June 17, 2016 at 1:50 am Our hearts are still broken over the senseless massacre of those brothers and sisters of all of us in Orlando, plus the wounding of so many in that horrific night. I have long been a proponent of adequate and effective gun control laws, for many decades a member first of Handgun Control, Inc., then of The Brady Campaign to Prevent Gun Violence, the follow-on organization, named for the late James Brady, most seriously wounded in the shooting of President Reagan. In the early ’80s I think it was, I introduced a Resolution concerning this topic at our annual diocesan Convention that passed overwhelmingly. It was sent to the president and members of the Congress of the U. S. in the days following. We have learned especially in recent years that despite the thousands of men, women and children, even babies, killed by purposeful and accidental shootings of firearms in our nation, our elected officials are for the most part unwilling to take effective action in this entire matter. Even after such mass shootings as the Sandy Hook Elementary School tragedy. Action must be taken this time. There is no reason why anyone other than one in the military service or law enforcement should have access to a military-styled automatic weapon. Loopholes like the lack of background checks for sales at gun shows must be plugged. I am heartened that our bishop and the Rev. Marc Smith are attending to this urgent and most important matter now. Godspeed! Submit a Press Release Cathedral Dean Boise, ID Comments are closed. Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Orlando, Rector Albany, NY Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Family Ministry Coordinator Baton Rouge, LA Featured Events This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Submit an Event Listing Course Director Jerusalem, Israellast_img read more

Indiana Farm Expo Makes Donation to Indiana FFA Foundation

first_imgHome Indiana Agriculture News Indiana Farm Expo Makes Donation to Indiana FFA Foundation SHARE The Indiana Farm Equipment and Technology Expo, December 11-13 at the West Pavilion of the Indiana State Fairgrounds, is all about the future of agriculture. The latest in current and cutting-edge farm technology will be on display. “So, we felt it was only fitting to do our part to help shape the future of Indiana agriculture,” said show President Gary Truitt. This will be done by making a financial contribution to the Indiana FFA Foundation.The presentation will be made as part of the official opening of the show on Tuesday, December 11, at 9 am. Indiana State FFA officers will receive the $2000.00 donation. Indiana Lt. Governor Suzanne Crouch will also be present to officially open the show and make remarks on the future of Indiana agriculture.  On Wednesday, December 12, members of the Clay City FFA chapter will act as hosts, welcoming visitors to the show and assisting with registration.The Indiana Farm Equipment and Technology Expo is a collaborative effort of Hoosier Ag Today and Farm World Newspaper, two Indiana media companies who are passionate about agriculture and bullish on its future.  Admission to the show is free and hours are 9 am – 4 pm on Tuesday and Wednesday, December 11 and 12, and 9 am – 3 pm on Thursday, December 13. Each day of the show a new Phantom 4 drone package will be given away for those who register and are present at the time of the drawing (Valued around $1000). Complete details and a list of exhibitors and seminars are available at www.indianafarmexpo.com. Facebook Twitter By Gary Truitt – Dec 4, 2018 Indiana Farm Expo Makes Donation to Indiana FFA Foundation SHARE Facebook Twitter Previous articleTraders Await Tariff Reduction Before Moving U.S. Soybeans to ChinaNext articleAg Economy Barometer Fairly Flat in November Gary Truittlast_img read more

Paper censored over publishing governor’s phone conversation

first_imgNews October 25, 2002 – Updated on January 20, 2016 Paper censored over publishing governor’s phone conversation Follow the news on Brazil Organisation Ler a versão portuguesaReporters Without Borders today deplored as “disgraceful” a threat by a Brazilian judge to seize the daily newspaper Correio Brazilense if it printed a transcript of phone conversations involving Brasilia governor Joaquim Roriz, who is running for reelection. “Prior censorship is a practice only found under dictatorships and has no place in a democracy such as Brazil,” said the organisation’s secretary-general Robert Ménard, who said it was “disgraceful and shocking” that a politician seeking reelection had resorted to such undemocratic behaviour.”It contravenes the Inter-American Convention on Human Rights, which Brazil has ratified,” he said. “It is not up to the judiciary to decided what Brazilians can or cannot read. The absence of censorship does not absolve the media of all responsibility however. They can be sued in a civil court and damages awarded if cases of libel.”On 23 October, Judge Jirair Meguerian, of Brasilia’s regional election court, ordered the seizure “by force if necessary” of all copies of the next day’s paper if it printed the transcript of the governor’s phone conversations with two businessmen, the Passos brothers, which suggested he was involved an illegal land deal. A legal official and the governor’s lawyer later went to the paper’s offices to check that the transcript was not in the next day’s paper.The judge acted at the request of the centre-right governor and the Frente Brasilia Solidária, which backs him in the election. They said there were “strong indications” the transcript was going to be printed in contravention of a 1 October ban on doing so. RSF_en RSF begins research into mechanisms for protecting journalists in Latin America Help by sharing this information 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies News to go furthercenter_img Reports BrazilAmericas May 13, 2021 Find out more News April 27, 2021 Find out more BrazilAmericas Alarm after two journalists murdered in Brazil Receive email alerts April 15, 2021 Find out morelast_img read more

Parents’ rights misunderstood

first_imgParents’ rights misunderstoodOn 11 Feb 2003 in Personnel Today Comments are closed. Previous Article Next Article Related posts:No related photos. There is widespread ignorance among employees about new rights for parentsto request flexible working options, research by the Equal OpportunitiesCommission finds. Four in 10 workers are not aware of new regulations under the Employment Actdue to come into effect on 6 April, which give working parents the right torequest flexible working arrangements. Employers can reject requests if thereis a business case for doing so. The results of a survey released yesterday were published as the EOC embarkson a major campaign to raise awareness and give parents – particularly fathers– the confidence to make use of this new right. The study of 800 employees also finds that on hearing more about this newlaw, almost three-quarters of the respondents were in favour of its aims, withonly 3 per cent disagreeing, suggesting that potential resentment fromchildless colleagues is less of an issue than previously thought. However, despite this ground-swell of support, a sixth of respondentsbelieve their bosses would not respond positively to requests for flexibility,while nearly half are unsure of their bosses’ likely reactions. Julie Mellor, chairwoman of the EOC, said the survey reveals the publicneeds more information about the new rights to apply for flexible workingoptions, which stand to affect 3.7 million parents. She said providing flexibleworking has clear business benefits and called on employers to help ensuretheir staff are aware of their new rights. “In the real world, most adults will have caring responsibilities intheir life, and companies that don’t help them meet this need will suffer.Research shows 90 per cent of employers which have introduced flexible workingarrangements say that the benefits exceed the cost,” she said. The campaign is supported by new guides to flexible working aimed at workingparents and at employers, which are available from the EOC helpline on 0845 6015901 or via its website. The EOC website also features dedicated pages on the new right, with case studiesto illustrate how flexible working can be implemented successfully. By Ben Willmottwww.eoc.org.uklast_img read more

In-store computers boost staff skills at retail giant

first_imgRelated posts:No related photos. Supermarketgiant Tesco is installing computers at its stores around the country as part ofa drive to give workers technology skills that could help them in their workingand home lives.Thecompany is installing PCs in all 780 stores later this month in a bid toprovide learning opportunities to people who may not have access to a computer.All200,000 staff will be given the opportunity to overcome computer phobias andlearn basic IT skills such as word processing, e-mailing and efficient use ofdatabases.Ina separate move Tesco is also opening its first learning centre. The launchfollows a successful pilot scheme at one of its distribution centres.TheTesco Learning Centre will give staff access to training PCs and allows them tochoose from a range of courses, from reading and writing to foreign languagesand guitar lessons.ClareChapman, HR director at Tesco, said the move would help establish the group asan employer of choice and drive up the skills of the workforce.”Tescois committed to supporting our employees both inside and outside work,”she said. “We see it as our responsibility to help our staff brush up onlife skills, such as reading and writing, as well as introducing them to newopportunities.”Thefacilities at the new centre in Fenny Lock, Milton Keynes will be open to staffat all Tesco sites in the area and has been extended to include friends andfamily of employees. By Ross Wigham In-store computers boost staff skills at retail giantOn 3 Jun 2003 in Personnel Today Previous Article Next Article Comments are closed. last_img read more

BYU Beats Gaels in Littlewood’s 200th Win

first_imgMarch 30, 2019 /Sports News – Local BYU Beats Gaels in Littlewood’s 200th Win But BYU (21-5, 7-2) answered, starting with a homer from Mitch McIntyre in the bottom of the second to tie the game at 1-1. In the bottom of the third, the Cougars tacked on another run as Jaren Hall made it home on a sacrifice fly by Bryan Call to give BYU the 2-1 edge. “Our guys came out ready to play again today,” said BYU head coach Mike Littlewood, who collected his 200th win at BYU with the victory. “We did it in a couple of different ways–bunted a few times, took our walks, and when they opened the door a little bit we stepped through.” FacebookTwitterLinkedInEmailPROVO, Utah – BYU baseball defeated Saint Mary’s 5-3 Saturday afternoon at Larry H. Miller Field for the Cougars’ second-straight sweep in West Coast Conference play. BYU won its eighth-straight game and sixth-straight WCC contestThe win was BYU head coach Mike Littlewood’s 200th as Cougar head coach, improving his record to 200-148 in seven seasonsBYU’s 13 home wins are the most by the Cougars in Provo in a single month since March 2005 when BYU had 16.  BYU next heads to Salt Lake City to take on in-state rival Utah at Smith’s Ballpark on Tuesday, April 2, at 6 p.m. MT. The game will be broadcast on the Pac-12 Network with radio coverage available on BYU Radio and ESPN 960.  Written by Justin Sterner: W (5-2), 6.0 IP, 0 ER, BB, 6 KMitch McIntyre: 2-2, HR, R, RBI, BB, HBP, SBAustin Deming: 2-4, R, RBI Tags: BYU Cougars Baseball/Mike Littlewood/WCCcenter_img In the bottom of the sixth, the Cougars tacked on two more runs. Jackson Cluff doubled, then made it home on an Austin Deming single. With runners on first and second, Noah Hill singled up the middle to give BYU its second run of the inning and put BYU ahead, 4-1. BYU added some insurance in the seventh with Hale on first and Hsu on third. Hale attempted to steal second and the Gaels’ catcher threw to the base as Hsu ran home and scored. Game Summary Saint Mary’s tacked on two runs in the top of the ninth, hitting a two-run homer to cut the lead to two, but could get no closer. Saint Mary’s (16-12, 3-3) put up the first run of the game in the top of the first inning. With a runner in scoring position, a double drove in a run for the Gaels to make the score 1-0 early. Player Highlights Robert Lovelllast_img read more

Energean Oil and Gas not to acquire Edison’s Algerian upstream assets

first_img Energean Oil and Gas drops acquisition of Edison’s upstream assets in Algeria. (Credit: John R Perry from Pixabay) Energean Oil and Gas has reached an agreement with Italy-based Edison under which the latter’s hydrocarbon assets in Algeria will be excluded from a previously announced transaction worth up to $850m.In July 2019, the UK-based Energean Oil and Gas agreed to acquire Edison Exploration & Production (Edison E&P), the oil and gas business of the Italian energy company. The parties have now formally amended the then signed conditional sale and purchase agreement.The amendment has been made to address the regulatory issues faced by the parties in Algeria. Energean Oil and Gas said that the parties faced certain difficulties in securing the consent for their transaction from the Algerian authorities regarding Edison E&P’s assets in Algeria.To reflect the exclusion of the Algerian assets, an amount of nearly $150m has been deducted in the total consideration of the acquisition.Edison E&P has been operating in Algeria since the late 1990s, with one of its assets being the Reggane Nord block in the Reggane basin located in the South-Western sector of the Algerian Sahara Desert.Energean Oil and Gas is acquiring Edison E&P with a hope to become a top independent, gas-focused E&P company in the Mediterranean.Energean Oil and Gas expects to wrap up the deal shortlyThe company stated: “Energean is working to complete the acquisition of Edison E&P as soon as is possible in 2020, subject to the approval of its shareholders and the other relevant governments.”In a follow-up deal signed in October 2019, Energean Oil and Gas agreed to divest the UK and Norwegian upstream assets of Edison E&P to Neptune Energy for up to $280m. Energean Oil and Gas took up the deal to focus on assets in the Mediterranean Sea by offloading non-core assets located elsewhere.The company expects the sale of the UK and Norwegian subsidiaries of Edison E&P to be wrapped up as soon as reasonably practicable. The deal will be subject to closing of Energean Oil and Gas’ acquisition of Edison E&P along with other customary regulatory approvals. In July 2019, Energean Oil and Gas agreed to acquire Edison E&P, the oil and gas business of the Italian energy companylast_img read more

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