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TechnipFMC Sells Partial Stake in Technip Energies for Roughly $335 Million
2021-04-28 00:25:00| OGI
TechnipFMC will retain a direct stake of 31% of Technip Energies share capital upon completion of the private placement, which generated roughly $335 million in gross proceeds.
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Open RAN gets boost as Koch takes $500m stake in Mavenir
2021-04-22 02:00:00| Total Telecom industry news
In a major vote of confidence for the future of Open RAN, US-based tech specialist Mavenir yesterday announced that KSP would be investing in a $500 million stake in the company. KSP, a subsidiary of Koch Investments Group, will be taking a minority stake in the company, with private equity firm Siris Capital Group maintaining majority ownership. The exact size of KSP’s minority stake remains unspecified, making it unclear exactly what valuation the investors give to the vendor…read more on TotalTele.com »
Trafigura Agrees to Buy Sonangols Stake in Puma Energy for $600 Million
2021-04-16 15:01:02| OGI
Trafigura and Puma Energy said in a joint statement on April 16 that Puma had also agreed to sell its Angolan business and assets to Sonangol for $600 million.
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Ocado in self-driving vans push with 10m stake in Oxbotica
2021-04-16 14:26:41| BBC News | Business | UK Edition
The online grocery retailer has teamed up with Oxford self-driving firm Oxbotica.
Dell spinning off VMware stake to raise nearly $10bn
2021-04-15 02:00:00| Total Telecom industry news
Last year, it was reported that Dell Technologies was considering a spinoff for its roughly $50 billion stake in cloud specialist VMWare, with the PC maker hoping that such a move would boost the value of its shares. At the time, the company was reportedly exploring all of its options, including buying the remainder of the cloud software giant&rsquo…read more on TotalTele.com »
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