Latest news with #CAI
Associated Press
5 days ago
- Business
- Associated Press
CAAP Increases Stake in Toscana Aeroporti
LUXEMBOURG--(BUSINESS WIRE)--May 29, 2025-- Corporación América Airports S.A. (NYSE: CAAP), ('CAAP' or the 'Company'), one of the world's leading private airport operators, announced today that it has acquired, through a wholly-owned subsidiary, the remaining 25% interest in Corporación América Italia S.p.A. ('CAI') from the Investment Corporation of Dubai ('ICD'), thereby increasing its total interest in CAI to 100%. CAI holds a 62.28% interest in Toscana Aeroporti S.p.A. ('TA'), the Company's subsidiary that operates the Pisa and Florence airports. The transaction was completed through a share swap agreement, with CAAP delivering 1,996,439 newly issued shares to ICD as consideration for the 25% interest in CAI. To ensure a fair valuation, an internationally recognized firm was engaged to provide an independent fairness opinion. With this acquisition, CAAP has increased its indirect economic interest in Toscana Aeroporti S.p.A. by 15.6%, further strengthening its strategic position in the Italian airport sector. About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker 'CAAP'. For more information, visit View source version on CONTACT: Investor Relations Contact Patricio Iñaki Esnaola Email:[email protected] Phone: +5411 4899-6716 KEYWORD: NEW YORK EUROPE LUXEMBOURG UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TRANSPORTATION AIR TRANSPORT TRAVEL SOURCE: Corporación América Airports Copyright Business Wire 2025. PUB: 05/29/2025 08:53 AM/DISC: 05/29/2025 08:52 AM
Yahoo
5 days ago
- Business
- Yahoo
CAAP Increases Stake in Toscana Aeroporti
ICD Becomes Shareholder in CAAP LUXEMBOURG, May 29, 2025--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), ("CAAP" or the "Company"), one of the world's leading private airport operators, announced today that it has acquired, through a wholly-owned subsidiary, the remaining 25% interest in Corporación América Italia S.p.A. ("CAI") from the Investment Corporation of Dubai ("ICD"), thereby increasing its total interest in CAI to 100%. CAI holds a 62.28% interest in Toscana Aeroporti S.p.A. ("TA"), the Company's subsidiary that operates the Pisa and Florence airports. The transaction was completed through a share swap agreement, with CAAP delivering 1,996,439 newly issued shares to ICD as consideration for the 25% interest in CAI. To ensure a fair valuation, an internationally recognized firm was engaged to provide an independent fairness opinion. With this acquisition, CAAP has increased its indirect economic interest in Toscana Aeroporti S.p.A. by 15.6%, further strengthening its strategic position in the Italian airport sector. About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker "CAAP". For more information, visit View source version on Contacts Investor Relations Contact Patricio Iñaki Esnaola Email: Phone: +5411 4899-6716 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
5 days ago
- Business
- Business Wire
CAAP Increases Stake in Toscana Aeroporti
LUXEMBOURG--(BUSINESS WIRE)-- Corporación América Airports S.A. (NYSE: CAAP), ('CAAP' or the 'Company'), one of the world's leading private airport operators, announced today that it has acquired, through a wholly-owned subsidiary, the remaining 25% interest in Corporación América Italia S.p.A. ('CAI') from the Investment Corporation of Dubai ('ICD'), thereby increasing its total interest in CAI to 100%. CAI holds a 62.28% interest in Toscana Aeroporti S.p.A. ('TA'), the Company's subsidiary that operates the Pisa and Florence airports. The transaction was completed through a share swap agreement, with CAAP delivering 1,996,439 newly issued shares to ICD as consideration for the 25% interest in CAI. To ensure a fair valuation, an internationally recognized firm was engaged to provide an independent fairness opinion. With this acquisition, CAAP has increased its indirect economic interest in Toscana Aeroporti S.p.A. by 15.6%, further strengthening its strategic position in the Italian airport sector. About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker 'CAAP'. For more information, visit
Extra.ie
6 days ago
- Politics
- Extra.ie
College of Anaesthesiologists faces criticism over guest speaker's support for genocide in Gaza
The College of Anaesthesiologists of Ireland (CAI) is facing mounting criticism following its decision to invite Professor Idit Matot, an Israeli anesthesiologist, to speak at its 2025 Annual Congress. The move has sparked backlash from medical professionals who have expressed concerns over Professor Matot's public statements on X amid ongoing conflict in Gaza. In a coordinated response, more than 100 anaesthesiologists in various stages of their careers signed an open letter addressed to the President of the College, Donal Buggy. Prof. Idit Matot. Pic: European Society of Anaesthesiology and Intensive Care (ESAIC) The signatories called on the CAI to issue a public statement addressing the ethical implications of the invitation and reaffirming the College's commitment to medical neutrality and human rights. The medical professionals argued that the invitation was inappropriate given the escalating humanitarian crisis in the region and called on the CAI to take action. It is believed that Professor Matot was scheduled to speak on both Thursday and Friday of the event (15th and 16th of May). While her first presentation went ahead as planned, controversy erupted shortly afterward when attendees discovered a series of social media posts made by Matot, which were widely perceived as inflammatory and politically charged. The College of Anaesthesiologists of Ireland. Pic: Derick P. Hudson/Shutterstock The discovery prompted immediate calls from delegates and observers for her second talk to be cancelled, to which the CAI complied. Airing their frustrations, the signatories of the open letter began: 'We, the undersigned, are anaesthesiologists in various stages of their careers are disappointed and appalled at the invitation of Prof. Idit Matot to the Annual Congress 2025. Prof. Matot had posted 'tweets' during the ongoing Gaza crisis advocating for and attempting to justify the ongoing massacres. The social media post referenced in the letter sees Hamas stylized with a Nazi swastika alongside a baby with a target on its head holding a teddy bear. It also includes a map highlighting Israel surrounded by Arab and Muslim-majority countries, implying Israel is under threat and isolated in the region. The accompanying text claims that European residents could be the next targets of Hamas-style terrorism and warns Europeans not to be complacent or compassionate toward those perceived as threats. — Idit Matot (@iditm) October 25, 2023 The post also refers to Hamas as 'the new Nazis' and accuses them of horrific crimes including child murder, rape, and beheading. It also links 'extreme Islam' with terrorism and suggests that pro-Palestine demonstrators might be terrorists in disguise. The tweet adds that Palestinians 'must be replaced' and suggests they can go to '22 Arab countries, 57 Islamic countries.' It emphasizes that Israel is the only Jewish state and asserts it has no interest in Gaza. It also declares that Israel has already decided how to respond, implying military force. Further expressing their concerns, the open letter continued: 'We as healthcare workers have a moral and ethical obligation to speak out against injustice and against breaches of international humanitarian law including the targeting of healthcare workers and health facilities and the forced starvation. 'The ongoing crisis in Gaza is condemned by numerous international bodies including the International Criminal Court (ICC), the International Court of Justice (ICJ), Doctors Without Borders, Amnesty International, and the United Nations. The ICC and ICJ have highlighted severe breaches of international law by the Israeli army, including war crimes and crimes against humanity. The United Nations has repeatedly condemned the detention and targeted killing of our healthcare worker colleagues in Gaza,' the letter continued. The College of Anaesthesiologists of Ireland. Pic: Derick P. Hudson/Shutterstock 'It is imperative that we as anaesthesiologists and healthcare workers advocate for peace no matter where, including the condemnation of terrorism, and the platforming of a person who has publicly expressed such hateful and racist comments is against our moral obligations. 'We request that the College of Anaesthesiologists release an official statement regarding the decision to include this speaker, as well as confirm its commitment to human rights and international law.' Issuing a response to the signatories this week via email, President Buggy wrote: 'I wish to acknowledge with respect the deeply held views and emotions surrounding the ongoing conflict in the Middle East. The suffering and apparent slaughter of innocent lives in the region is abhorrent, and I share the longing for peace, justice and dignity for all. 'We strive to be an apolitical, postgraduate medical training body, whose interactions with colleagues are on the basis of shared professional values. All speakers at our educational events are invited solely because of their academic and professional expertise in the subject of interest. Our College and our Annual Scientific Congress are rooted in the values of open inquiry, respectful dialogue and intellectual exchange. The speaker from Israel, Prof. Idit Matot, is a recognised clinician scholar and attended in her capacity as an academic and incoming President of our European Society (ESA-IC), not as representative of any government or political entity.' He continued: 'As the congress was beginning on Day 2 on Friday morning, I and the College received multiple complaints about this person contributing to our congress. Many emanated external to our community but there were also a large number of moderate, sincerely-held protests from across our own community. Simultaneously, we received credible information indicating that a large-scale, intrusive protest led by outside elements was being planned and therefore, in the interests of everyone's safety, I decided to ask Prof. Matot to withdraw, which she kindly accepted with good grace. 'I apologise and very much regret the hurt, embarrassment and outrage this invitation caused many of you. 'I abhor violent conflict and am personally angry and appalled at the daily slaughter of innocent lives in Gaza, in Israel in October 2023 and wherever and whenever deaths are caused by violence. All speaker invitations were given with the intention of supporting open scientific discourse and sharing academic expertise. However, it is apparent that from now on, professional credentials and open discourse can be only a relative consideration in these matters and College needs to take greater account of contemporary geopolitical circumstances in planning educational events. 'Many thanks for your understanding and support,' he concluded.
Cision Canada
27-05-2025
- Business
- Cision Canada
CIBC launches in-house AI platform enterprise-wide after successful pilot Français
Team members saved an estimated 200,000+ hours during pilot phase; full rollout aimed at enabling teams to deliver more for clients TORONTO, May 27, 2025 /CNW/ - CIBC today announced the bank-wide launch of CIBC AI (CAI), its in-house Generative AI platform, to help drive further productivity across the organization and enable team members to deliver on the bank's client-focused strategy. CAI launched a pilot phase in July 2024 with an initial group of team members across Canada, the US and the UK. The AI platform has saved team members an estimated 200,000+ hours during the pilot by enabling team members to automate common tasks such as summarizing documents, drafting emails, compiling research and other text-based content. "It's been tremendous watching the uptake of CAI across our bank and how it has helped simplify routine tasks for team members, better enabling them to focus on delivering value to our clients," said Dave Gillespie, Executive Vice-President, Infrastructure, Architecture and Modernization, CIBC. "What sets CAI apart is its adaptability to the unique needs of each team, from writing to research and analysis or even light coding suggestions, CAI has had a positive impact across all lines of business." CAI is a custom-built Generative AI platform that was designed by CIBC from the ground up to support team members with a task-driven approach. It features an intuitive dashboard that allows users to easily navigate through various functionalities such as data analysis, accelerated research and preparing presentations. With the adoption of CAI, team members are able to focus their time on higher value activities. Team members need to complete a mandatory training course in order to access CAI, which provides an understanding of CIBC's approach to AI and data, as well as the responsible governance framework in place to guide the use of AI at the bank. "Innovation has long been a hallmark of CIBC's approach to meeting client needs, and we're incredibly proud to take another exciting step forward in enhancing everyday experiences for our team members." added Mr. Gillespie. CIBC reinforced its commitment to responsible AI by becoming the first major Canadian bank to sign the Government of Canada's Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems in March. About CIBC
