SIG PLC (SHI.L)
26 May 2017
May 11 Construction materials supplier SIG , which named a new CEO in March to lead its turnaround efforts, on Thursday said it expects debt to decline in the second half of 2017.
* Shares jump almost 9 percent (Adds details, analyst comments)
* ENGIE, Societe d'Infrastructures Gazieres (held by CNP Assurances and Caisse des Dépôts) and GRTgaz signed preliminary memorandum of understanding for the acquisition of Elengy (a wholly-owned subsidiary of ENGIE operating LNG terminals) at 100% by GRTgaz (the French natural gas transmission operator, owned 75% by ENGIE and 25% by SIG).