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Saras


Wiadomości

Saras Q1 Comparable EBITDA Down To EUR 198.1 Mln

BRIEF-Saras Q1 Comparable EBITDA Down To EUR 198.1 Mln May 14 (Reuters) - Saras SpA SRS.MI : Q1 COMPARABLE EBITDA EUR 198.1 MILLION VERSUS EUR 285.3 MILLION YEAR AGO Q1 COMPARABLE NET PROFIT EUR 96.9 MILLION VERSUS EUR 162.0 MILLION YEAR AGO Q1 REVENUE EUR 3.03 BILLION VERSUS EUR 3.47 BILLION YEAR AGO Further company coverage: SRS.MI (Gdansk Newsro
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Silica Holdings, I Squared Capital, Updates: Anglo American, Thyssenkrupp, Thoma Bravo, OTP Bank April 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Anglo American AAL.L rejected rival miner BHP Group's BHP.AX 31.1 billion pound ($39 billion) takeover proposal , saying the bid significantly undervalued the London-listed company and its future prospects.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions April 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Buyout firm L Catterton has agreed to buy a majority stake in family-owned KIKO Milano in a deal which a source close to the matter said valued the Italian accessible make-up maker at around 1.4 billion euros ($1.5 billion) including debt.
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Italy sets conditions for Vitol's takeover of Saras

Italy sets conditions for Vitol's takeover of Saras ROME, April 26 (Reuters) - Italy's government has given a conditional green light to Vitol's plan to take over oil refiner Saras SRS.MI , the global commodity trader said in a statement on Friday. Saras's controlling shareholder - the Moratti family - said in February it had agreed to sell its stake to Vitol, in a deal valuing Saras at 1.7 billion euros ($1.83 billion).
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Vitol Says Italy's Government Won't Use Golden Power To Veto Acquisition Of About 35% Of Saras Share Capital

CORRECTED-BRIEF-Vitol Says Italy's Government Won't Use Golden Power To Veto Acquisition Of About 35% Of Saras Share Capital Corrects headline April 26 (Reuters) - Saras SpA SRS.MI on behalf of Vitol BV: ITALIAN GOVERNMENT WILL NOT APPLY GOLDEN POWER ON ACQUISITION OF 35% OF SARAS SHARE CAPITAL Further company coverage: SRS.MI (Gdansk Newsroom)
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Italy - Factors to watch on April 24

Italy - Factors to watch on April 24 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy's Senate gave final approval on Tuesday to a contested government plan to allow groups who "support motherhood" into abortion clinics to try to deter women from terminating pregnancies.
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VTTI to control Italy's biggest LNG terminal, Snam to get 30%

UPDATE 2-VTTI to control Italy's biggest LNG terminal, Snam to get 30% Updates April 3 story to add VTTI comments in paragraphs 4-5 By Francesca Landini MILAN, April 4 (Reuters) - Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam SRG.MI owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalised by year-end.
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VTTI to control Italy's biggest LNG terminal, Snam to get 30%

CORRECTED-UPDATE 1-VTTI to control Italy's biggest LNG terminal, Snam to get 30% Corrects total regasification capacity to 28 bcm (not 29 bcm) in paragraph 9 By Francesca Landini MILAN, April 3 (Reuters) - Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam SRG.MI owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end.
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Elementis, Encavis, Swiss Life Holding

EUROPE RESEARCH ROUNDUP-Elementis, Encavis, Swiss Life Holding March 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Elementis, Encavis and Swiss Life Holding on Wednesday. HIGHLIGHTS * Assura AGRP.L : Peel Hunt cuts to add from buy * Elementis Plc ELM.L : HSBC raises to buy from hold * Encavis AG ECVG.DE : HSBC cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises to hold from reduce * Swiss Life Holding AG SLHN.S : H
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Italy - Factors to watch on March 20

Italy - Factors to watch on March 20 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy is opposed to a ground incursion by Israeli forces into the Gaza Strip's southern city of Rafah, Prime Minister Giorgia Meloni said on Tuesday.
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Italy's Saras reports drop in 2023 core profit ahead of Vitol's takeover

UPDATE 2-Italy's Saras reports drop in 2023 core profit ahead of Vitol's takeover Adds net financial position, dividend, background in paragraphs 9-13 By Francesca Landini MILAN, March 15 (Reuters) - Saras SRS.MI on Friday reported a 41% fall in its full-year comparable core earnings due partly to weaker profitability of refined products, as global commodity trader Vitol prepares to take over the Italian oil refiner later this year.
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Italian refiner Saras' comparable core profit drops 41% in 2023

Italian refiner Saras' comparable core profit drops 41% in 2023 March 15 (Reuters) - Italian refiner Saras SRS.MI on Friday reported a 41% fall in its full-year comparable earnings before interest, taxes, depreciation and amortisation (EBITDA) to 669.7 million euros ($729.10 million). The company cited a drop in the "diesel crack", a metric representing the profitability of refined products, to an average of $26.4 per barrel from $37.7 per barrel in 2022, and also a weaker dollar versus the euro
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Saras FY Comparable EBITDA Down To EUR 669.7 Mln

BRIEF-Saras FY Comparable EBITDA Down To EUR 669.7 Mln March 15 (Reuters) - Saras SpA SRS.MI : PROPOSES DIVIDEND OF 0.15 EUR PER SHARE FY COMPARABLE EBITDA EUR 669.7 MILLION VERSUS EUR 1.14 BILLION YEAR AGO FY COMPARABLE NET PROFIT EUR 325.4 MILLION VERSUS EUR 709.8 MILLION YEAR AGO Q4 REVENUE EUR 2.98 BILLION VERSUS EUR 3.87 BILLION YEAR AGO EXPEC
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Italy - Factors to watch on March 15

Italy - Factors to watch on March 15 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy has continued to export arms to Israel , the Italian defence minister said on Thursday, despite assurances last year that the government was blocking such sales following Israel's invasion of the Gaza
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Commodity trader Vitol held 10.4% stake in Italy's Saras as of March 5 - filing

BRIEF-Commodity trader Vitol held 10.4% stake in Italy's Saras as of March 5 - filing March 14 (Reuters) - Saras SRS.MI , Italy's watchdog CONSOB says in a statement: VITOL HELD 10.4% STAKE IN SARAS AS OF MARCH 5 Source text for Eikon: ID:nINFkVvHC Further company coverage: SRS.MI Reporting by Milan Newsroom
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Italy - Factors to watch on Feb. 13

Italy - Factors to watch on Feb. 13 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Former ECB president Mario Draghi will consult with EU finance ministers this month on how to sustain investments in digital and green transitions as he prepares a report on the bloc's competitiveness, a so
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Italy to seek jobs, oil supplies commitments on Vitol-Saras deal, sources say

UPDATE 1-Italy to seek jobs, oil supplies commitments on Vitol-Saras deal, sources say Adds no comment from Vitol in paragraph 6 ROME, Feb 12 (Reuters) - Italy's government will seek commitments from Vitol on jobs, investments and continuity of supplies when vetting the global commodity trader's plan to take over oil refiner Saras SRS.MI , two sources familiar with the matter said on Monday.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates Vitol, Diamondback Energy, Gilead Sciences Feb 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2050 GMT on Monday: ** Gilead Sciences GILD.O has agreed to buy CymaBay Therapeutics CBAY.O for $4.3 billion, gaining access to an experimental liver disease treatment with blockbuster potential as the U.S.
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Milan bourse to bid farewell to Tod's, Saras after buyout offers

WRAPUP 2-Milan bourse to bid farewell to Tod's, Saras after buyout offers Adds value of Milan bourse, comparison with Paris, Amsterdam bourse, other recent delistings in paragraph 3-4 By Elisa Anzolin and Cristina Carlevaro MILAN, Feb 12 (Reuters) - Shares in Italian luxury shoemaker Tod's TOD.MI jumped on Monday and those of oil refiner Saras SRS.MI fell after the two received buyout offers over the weekend, with both preparing to join peers that have left the Milan bourse.
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Italy to seek jobs, oil supplies commitments on Vitol-Saras deal, sources say

Italy to seek jobs, oil supplies commitments on Vitol-Saras deal, sources say ROME, Feb 12 (Reuters) - Italy's government will seek commitments from Vitol on jobs, investments and continuity of supplies when vetting the global commodity trader's plan to take over oil refiner Saras SRS.MI , two sources familiar with the matter said on Monday. The Moratti family, Saras' controlling shareholder, said on Sunday it had agreed to sell its stake to Vitol in a deal valuing the oil refiner at 1.7 billion
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