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Noble plants big stake in Texas with $2.1B deal for Rosetta
2015-05-11 14:21:13| Energy - Topix.net
Noble Energy will pay about $2.1 billion for Rosetta Resources in an all-stock deal that gives the oil and gas company access to two massive Texas shale formations. Assets belonging to Rosetta Resources Inc. include about 50,000 net acres in the Eagle Ford Shale and another 56,000 acres in the Permian Basin.
Alibaba in talks to acquire 20% stake in Micromax - report
2015-05-08 12:29:00| Telecompaper Headlines
(Telecompaper) Alibaba is in talks with Indian smartphone maker Micromax Informatics to acquire a stake of approximately 20 percent in the company, Reuters reports, citing several unnamed people with direct knowledge of the matter. The deal would see Alibaba investing over USD 1.2 billion in Micromax, valuing the Indian company at up to USD 6 billion, two of the people said. Micromax and Alibaba started negotiations on the stake sale after discussions with investors led by Japanese company Softbank failed over differences in valuations, the sources said.
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Hutchison to Sell U.K. Telecom Stake for $4.3 Billion
2015-05-08 07:00:14| Telecom - Topix.net
Investors will be buying stakes in Hutchison 3G UK Holdings Ltd., which will be the combined 3 UK and O2 UK businesses, Hutchison Whampoa said. Photographer: Aidan Crawley/Bloomberg Li Ka-shing's Hutchison Whampoa Ltd. said investors have agreed to pay an initial 2.8 billion pounds for stakes in its U.K. telecommunication business after the billionaire's company agreed to buy Telefonica SA's O2 unit.
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Greenbrier acquires stake in Brazil's Amsted-Maxion Hortolândia
2015-05-08 01:00:00| Railway Technology
The Greenbrier Companies has completed the acquisition of a 19.5% stake in Brazilian railcar manufacturer Amsted-Maxion Hortolandia for approximately $15m.
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Telenor in talks to acquire Videocon majority stake - report
2015-05-07 14:22:00| Telecompaper Headlines
(Telecompaper) Telenor, the parent company of Indian operator Uninor, is in talks to acquire a majority stake in Videocon Telecom, The Economic Times reports, citing an unnamed person familiar with the matter. Videocon has an INR 5 billion liability towards the government. "A combination is a win-win for both. Videocon wants to exit the business and Uninor needs to expand in the market to stay relevant", the source said.
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majority
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