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Neste divests its NAPCON know-how to Lummus
Neste divests its NAPCON know-how to Lummus | Biofuels Worldwide Journal Could 19, 2025 Neste, the world’s main producer of renewable diesel and sustainable aviation gasoline, has signed an settlement to promote its proprietary know-how NAPCON to Lummus Expertise. NAPCON covers options within the area of interactive operator coaching simulators and game-aided studying techniques, real-time…
The Dutch civil service pension fund ABP has divested from Alphabet and Meta, citing concerns over governance integrity and broader investme
The Dutch civil service pension fund ABP has divested from Alphabet and Meta, citing concerns over governance integrity and broader investment criteria. The move follows ABP’s earlier decision to remove Tesla from its investment portfolio. ABP, one of the world’s largest pension funds, regularly updates its list of investments. According to an analysis by Het Financieele Dagblad, Alphabet and Meta were no longer listed as of the third quarter of last year. In total, ABP has cut ties with approximately 900 companies, reducing its portfolio from 2,000 to around 1,100 firms. Board chairman Harmen van Wijnen stated that ABP has shifted its investment strategy to focus on four core themes: climate, biodiversity, human rights, and good governance. “We value returns, but we also assess companies based on these four themes. After applying these criteria, 900 companies were excluded, including Alphabet, Meta, and Tesla. The remaining companies are those that adequately manage risks and remain good investments,” Van Wijnen told Het Financieele Dagblad.
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Tata Steel Divests Entire Stake In NatSteel Holdings
Tata Steel Divests Entire Stake In NatSteel Holdings
Tata Steel Ltd. has sold its entire stake in NatSteel Holdings for an equity value of $172 million (Rs 1,275 crore). TS Global Holdings Pte., an indirect wholly owned subsidiary of Tata Steel, has executed definitive agreements with Toptip Holding Pte—a Singapore-based trader of iron ore and steel—to divest its entire equity stake held in NatSteel, the Indian steelmaker said in an exchange…
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AXA Mansard Insurance divests from subsidiary
AXA Mansard Insurance divests from subsidiary
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AXA Mansard Insurance has announced the divestment from its subsidiary, AXA Mansard Pensions, after entering into a sale and purchase agreement with Eustacia Limited.
This was disclosed in a notification sent to the Nigerian Stock Exchange (NSE) and signed by Omowunmi Mabel Adewusi, AXA Mansard Insurance company secretary, over the weekend.
“After…
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