Michelin today announces the acquisition of PTG and Téléflow, both industry leaders in tyre
pressure control systems which allow users to monitor and adapt tyre pressures according to the
terrain and conditions of use. These acquisitions signal Michelin's intention to become the global
leader for CTIS* in the agricultural market.
Total and Erg have signed an agreement with the Italian Group API to sell their fuel marketing and refining assets in the TotalErg joint venture (Erg 51%, Total
49%). Following the divestment of the LPG and Commercial Sales businesses, this third transaction completes the sale of all TotalErg's assets, for a total amount of around €750 million.
Euronext announces the signing of the renewal of its agreement with LCH SA on the continued provision of derivatives and commodities clearing services for a period of 10 years. This follows the announcement of 8 August 2017.
According to BofA Merrill Lynch, Investors are bullish on bond yields, with 82% of those surveyed indicating they expect bond yields to rise in the next 12 months and a record net 85% saying bonds are overvalued...
Instinet, LLC announced that it has appointed Greg Treacy as Head of International Electronic Sales. Based in New York, Greg will be responsible for further expanding the firm's delivery of algorithmic and electronic trading capabilities and services to US clients trading globally.