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Lebanon Seeks to Distance State from Hezbollah After Cyprus Drone Incident

                                                         File photo: Youssef Ragg Lebanon has urged Cypriot authorities and the public not to conflate the Lebanese state with Hezbollah following a drone strike that originated from Lebanese territory and hit Cyprus six days earlier. Lebanese Foreign Minister Youssef Raggi emphasized that the attack was carried out independently by Hezbollah and does not reflect the policies, values, or intentions of the Lebanese government.  Raggi stressed that Lebanon rejects any attempt to use its territory for external agendas and reiterated that Hezbollah’s actions fall outside the state’s legal authority. He called on Cyprus to distinguish between the official Lebanese government and groups operating autonomously, noting that Lebanon has consistently affirmed its sovereignty ...
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AtkinsRéalis to Divest Stake in Highway 407 ETR Toll Road

 

AtkinsRéalis Group Inc., formerly known as SNC-Lavalin, has announced its intention to sell its 6.76% stake in 407 International Inc., the company that owns the Highway 407 ETR toll highway north of Toronto. This strategic move is part of AtkinsRéalis’ focus on its engineering services and nuclear businesses. The other major stakeholders in the toll highway are the Canada Pension Plan Investment Board (with a 50.01% stake) and Cintra Global S.E. (a wholly owned subsidiary of Ferrovial S.A., holding 43.23%).

AtkinsRéalis aims to pursue margin expansion and growth, including investments in rapidly growing markets. These initiatives involve engineering services across the U.S., leveraging their nuclear expertise, and exploring accretive mergers and acquisitions.


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