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Tag: stake
PetroChina to divest 50% stake in Trans-Asia Gas Pipeline unit for $2.4bn
2015-11-26 01:00:00| Hydrocarbons Technology
Chinese state-controlled oil company PetroChina has announced plans to sell a 50% stake in its Trans-Asia Gas Pipeline subsidiary to China Reform Holding unit for CNY15.5bn ($2.4bn).
Ackman's Pershing Square Capital Management increases stake in Valeant to 9.9%
2015-11-25 06:53:27| Biotech - Topix.net
Bill Ackman's Pershing Square Capital Management has increased its stake in embattled drugmaker Valeant Pharmaceuticals International Inc. . The investment manager disclosed in its latest regulatory filings that it now has a 9.9 per cent in the Canadian company.
Tags: to
management
capital
square
Alibaba looks to sell stake in Meituan/Dianping entity
2015-11-23 09:40:00| Telecompaper Headlines
(Telecompaper) Alibaba wants to sell its 7 percent stake in the company created by last month's merger of Meituan.com and Dianping, which provide online movie ticketing, restaurant booking and other on-demand services, the Wall Street Journal reported, citing people familiar with the situation. The sources added that the company wants to focus on building up a competing platform of its own. The Alibaba deal could be worth about USD 1 billion, based on the valuations being discussed in Meituan-Dianping's current fundraising round, the people said.
Tags: sell
entity
alibaba
stake
Whats really at stake at the Paris climate conference now marches are banned
2015-11-20 15:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Whose security gets protected by any means necessary? Whose security is casually sacrificed, despite the means to do so much better? Those are the questions at the heart of the climate crisis, and the answers are the reason climate summits so often end in acrimony and tears. The French governments decision to ban protests, marches and other outdoor activities during the Paris climate summit is disturbing on many levels. The one that preoccupies me most has to do with the way it reflects the...
Tags: paris
conference
climate
stake
Bombardier sells 30% stake in transportation business for $1.5bn
2015-11-20 01:00:00| Railway Technology
Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) signed an agreement to acquire a 30% stake in Bombardier Transportation for $1.5bn.
Tags: business
transportation
sells
stake
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