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SocGen in talks with Amundi for 825 million euros sale of Lyxor - Vimarsana News

SocGen in talks with Amundi for 825 million euros sale of Lyxor

2 Min Read PARIS (Reuters) - French bank Societe Generale is in exclusive talks to sell most of asset manager Lyxor to Amundi for 825 million euros ($979 million), as SocGen continues its corporate restructuring while Amundi seeks to increase its market share. FILE PHOTO: A Societe Generale sign is seen outside a bank building in Paris, France, February 9, 2021. REUTERS/Sarah Meyssonnier/File Photo SocGen said on Wednesday that the capital gain from the Lyxor sale would be around 430 million euros, adding that the transaction would conclude the “refocusing programme” it launched in 2018. ...

UPDATE 1-SocGen in talks with Amundi for 825 mln euros sale of Lyxor - Vimarsana News

UPDATE 1-SocGen in talks with Amundi for 825 mln euros sale of Lyxor

UPDATE 1-SocGen in talks with Amundi for 825 mln euros sale of Lyxor Reuters 1 hr ago (Adds deal details, background) PARIS, April 7 (Reuters) - Societe Generale has entered into exclusive negotiations with asset manager Amundi to sell most of its Lyxor asset management unit, a 825 million euros transaction in line with the French bank's efforts to boost its profits. "This disposal project would cover Lyxor's passive (ETFs) and active (including alternative) management activities for institutional clients in France and abroad", Societe Generale said on Wednesday, adding it would retain some...

Source: msn.com
Tata Motors appoints Daimler veteran, Marc Llistosella as its India business chief - Vimarsana News

Tata Motors appoints Daimler veteran, Marc Llistosella as its India business chief

Tata Motors appoints Daimler veteran, Marc Llistosella as its India business chief With the appointment of Llistosella, it is apparent that Tata Sons, aims to focus big time on its commercial vehicle businessPremium 2 min read Share Via Read Full Story Tata Motors Ltd, India’s largest vehicle maker, on Friday named Marc Llistosella as the managing director and chief executive officer (MD and CEO) of its India business which comprises the commercial and passenger vehicle businesses. In his last assignment, Llistosella served as president and chief executive of Fuso Truck and Bus Corp., a uni...

Sese Industrial Services Locating New Facility In Tennessee - Vimarsana News

Sese Industrial Services Locating New Facility In Tennessee

Sese Industrial Services Locating New Facility In Tennessee Sese Industrial Services, U.S. Corp. will invest more than $42 million to build a new axle component assembly facility in Chattanooga, TN. BF Staff 11:36 am Recover your password Sese Industrial Services Locating New Facility In Tennessee The company will invest more than $42 million to build a new axle component assembly facility in Chattanooga, TN. February 8, 2021 Sese Industrial Services Locating New Facility In Tennessee Sese Industrial Services, U.S. Corp. will locate new operations in Tennessee, investing $42 million to buil...

Sese Industrial Services, U.S. Corp. To Locate New Facility In Chattanooga - Vimarsana News

Sese Industrial Services, U.S. Corp. To Locate New Facility In Chattanooga

Sese Industrial Services, U.S. Corp. To Locate New Facility In Chattanooga; $42 Million Investment To Provide 240 Jobs Thursday, February 4, 2021 Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Sese Industrial Services, U.S. Corp. officials announced Thursday that the Axle Manufacturing company will locate new operations in Tennessee, investing $42 million and creating 240 jobs.    Sese Industrial Services will build a new 300,000-square-foot Axle Assembly plant at 6153 Hickory Valley Road in Chattanooga. Products manufa...