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Husky Energy Shareholders Overwhelmingly Approve Nearly $5 Billion Sale to Cenovus

2020-12-15 22:50:00| OGI

Cenovus Energy's C$6.07 billion (US$4.78 billion) deal to buy Husky Energy was approved by the shareholders of the two companies on Dec. 15, creating Canada's No. 3 oil and gas producer.

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TC Energy Reaches $1.68 Billion Deal for TC PipeLines Buyout

2020-12-15 19:35:00| OGI

Upon closing of the transaction, TC PipeLines will become a wholly owned subsidiary of TC Energy and cease to be a publicly traded MLP.

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G.Network plans GBP 1 billion full-fibre network roll-out across London

2020-12-15 10:41:00| Telecompaper Headlines

(Telecompaper) UK full-fibre broadband provider G.Network will invest more than GBP 1 billion to roll out fibre broadband across London after raising new funds from Universities Superannuation Scheme (USS) and Cube Infrastructure Managers.

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Claro, TIM and Telefonica confirm takeover of Oi Movel for BRL 16.5 billion

2020-12-15 10:34:00| Telecompaper Headlines

(Telecompaper) The joint bid of TIM Brasil, Telefonica Brasil and Claro Brasil for Oi's mobile business has been declared the winner, with an offer of BRL 16.5 billion (EUR 2.7 billion). The three rivals increased their bid in July and entered exclusive talks with Oi in August. No higher bidders appear to have emerged, allowing the three companies to divide up the business amongst themselves. 

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Ecopetrol Targets $4 Billion Investment Plan to Reestablish Growth Path

2020-12-14 23:20:00| OGI

Close to 80% of investment will be in oil and gas projects located in Colombia, Ecopetrol said, with the remaining 20% principally earmarked for projects in the U.S. and Brazil.

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