Allied Universal won a months-long takeover battle for Britain's G4S, the world's largest private security firm, on Monday after going head-to-head in an auction with Canadian rival GardaWorld.
Brazilian financial markets went into a tailspin on Monday, as investors dumped the country's currency and stocks, while pushing up interest rates, after President Jair Bolsonaro moved late on Friday to sack the head of state-run oil firm Petrobras following weeks of clashes.
Shares in ASTM jumped 27% on Monday, lifted by a buyout offer from the Italian motorway group's top investor which wants to take the company private and overhaul it.
Ends 2020 with $21.6 million in net cash position Co maintains 2021 production targets Stock biggest gainer on the FTSE 250 index Full year core earnings drops 21%
Feb 18 (Reuters) - Hochschild Mining on Thursday said a boost from higher metal prices helped it to a net cash position for the first time in eight years, driving its shares up nearly 6% though full-year core earnings dropped on pandemic-driven disruptions.
The precious metals miner said its average realised prices for gold rose 28% in 2020 as the coronavirus crisis spurred investors to buy into bullion’s relative safety. Spot gold jumped almost 25% last year, while silver prices gained 47.8%.
Indian shares were little changed on Friday, with losses in high-flying private sector lenders ICICI Bank and HDFC Bank countering gains in index heavyweight Reliance Industries.