Elma to back Aspis bid for Lemeco

With reference to the submission of a Public Offer from Aspis Holdings Pcl (MFS) for the acquisition of up to 100% of Lemeco Silvex Pcl (LEM), the Board of Directors pf Elma

Cyprus rating raised to AAA by S&P

Standard & Poor’s Ratings Services raised its transfer and convertibility (T&C) assessments on the Republics of Cyprus (A/Positive/A-1) and Malta (A/Stable/A-1) to ‘AAA’ from ‘AA’. This follows the decision by EU finance