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Encana to sell remaining stake in PrairieSky Royalty for $2.6 billion

2014-09-09 07:48:19| Oil & Gas - Topix.net

Encana Corp. has signed a deal to sell its remaining stake in PrairieSky Royalty Ltd. in a secondary offering valued at about $2.6 billion. The company created PrairieSky earlier this year when it spun off a large portion of its royalty lands into the new public company.

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EDF EN Canada sells 12.5% stake in 300MW Lac-Alfred wind project

2014-09-09 01:00:00| Power Technology

EDF EN Canada has sold its 12.5% interest in the 300MW Lac-Alfred wind project to the MRCs of La Matapédia and La Mitis.

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Fraport acquires 75% stake in Slovenias Ljubljana Airport

2014-09-08 13:02:00| Airport Technology

German airport operator Fraport has purchased a 75.5% stake in Slovenia's Ljubljana Jože Pučnik Airport, following a bidding process for a total of 177.1m.

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Telecom Italia pushes for green light on Argentina stake sale

2014-09-06 16:57:11| Telecom - Topix.net

Telecom Italia, which agreed to sell its stake in Telecom Argentina to Fintech last year for $960 million , has already pushed back completion of the sale twice while awaiting regulatory approval. The deadline, originally set for early August, has now been delayed to Sept.

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German automakers boost stake in South

2014-09-06 09:25:48| Automakers - Topix.net

German automakers are aggressively expanding production in the U.S., announcing billions in new investments this year and adding thousands of American jobs. Daimler AG became the most recent German manufacturer to boost its position in the U.S., announcing Friday it will expand capacity at its Vance, Alabama, plant by 60,000 vehicles after it built a record 185,000 Mercedes-Benz SUVs there in 2013.

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