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Sycamore Pockets $1 Billion From Deal That Amazed Wall Street

2019-04-11 17:35:00| National Real Estate Investor

Sycamore Partners $5.4 billion refinancing of Staples is a credit agreement written on a cocktail napkin, industry observers say.

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New York Grid Operator Selects $1.2 Billion In Transmission Projects To Ease Congestion, Accommodate Renewables

2019-04-11 16:10:36| OGI

The grid operator said the aging and congested transmission infrastructure is not capable of accommodating the state's goal of obtaining half its electricity from renewable resources by 2030, as well as the new goals being discussed under the recently announced "Green New Deal" to achieve carbon neutrality.

Tags: york projects transmission operator

 
 

Shell Divests Gulf Of Mexico Stake To Israels Delek Group For Nearly $1 Billion

2019-04-11 15:10:37| OGI

Shell Offshore, subsidiary of the Anglo-Dutch oil company, agreed to sell its 22.45% interest in the Caesar-Tonga deepwater field in the Gulf of Mexico to Delek Group for $965 million.

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Brazil's Government To Pay Petrobras $9 Billion For Oil Contract Revision

2019-04-10 14:20:05| OGI

The transfer-of-rights contract dates back to a 2010 deal between the government and Petrobras linked to a large share offering made by the company that would have diluted the Brazilian government's stake.

Tags: pay government contract oil

 

Wynn Ends Talks for $7 Billion Crown Deal Hours After Confirmed

2019-04-09 16:54:00| National Real Estate Investor

After preliminary discussions, Wynn Resorts ends talks to buy Australia-based Crown Resorts.

Tags: hours deal ends confirmed

 

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