Reuters UK/EU

Australia’s Silver Lake revises offer for St Barbara’s Leonora assets

(Reuters) – Australia’s Silver Lake Resources Ltd revised its offer for St Barbara Ltd’s Leonora assets on Wednesday to address its concerns that the buyout financing is subject to due diligence. The implied value of the proposal is A$718 million ($487.02 million), comprising A$370 million in cash and 327.1 million Silver Lake shares worth A$348 …

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Russia official says Ukraine shells border town for third time in a week

(Reuters) – Ukrainian forces shelled a Russian town close to the border for the third time in a week, damaging buildings and setting vehicles on fire, the governor of the region said on Wednesday. At least one person was injured during the artillery strike on Shebekino, Belgorod Governor Vyacheslav Gladkov said. More information would be …

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Vulcan Energy, Stellantis sign deal for geothermal projects in France

(Reuters) -Australia-listed Vulcan Energy Resources Ltd signed an agreement with Stellantis NV on Wednesday, aiming to decarbonise the energy supply for the automaker’s European operations. The binding term sheet is for the first of a multi-phase project to develop new geothermal projects aimed at decarbonising the energy mix of Stellantis’ Mulhouse industrial site in France, …

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Enel CEO considers replacing CFO Alberto De Paoli -Bloomberg News

(Reuters) – Italy’s Enel SpA CEO Flavio Cattaneo is considering restructuring the company’s top management, including replacing Chief Financial Officer Alberto De Paoli, Bloomberg News reported on Tuesday. Cattaneo, who was appointed as CEO earlier this month, is considering replacing De Paoli who has spent nearly a decade as the company’s CFO, the report said …

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