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Dow Chemical to Sell JV Stakes in Kuwait

2014-11-13 04:40:41| Chemicals - Topix.net

Dow Chemical Co. said it would sell stakes in two petrochemical joint ventures in Kuwait as part of its efforts to streamline its business and raise cash so the company can buy back more of its own shares.

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TransCanada to sell remaining U.S. natural gas assets to partner TC Pipelines LP

2014-11-13 01:30:45| Oil & Gas - Topix.net

TransCanada Corp. has offered to sell its remaining 30 per cent interest in Gas Transmission Northwest LLC to TC PipeLines LP, its master limited partnership. The pipeline company holds a 28 per cent interest in TC PipeLines LP, which owns U.S. natural gas pipelines and related assets.

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Pan Orient to sell 51% interest in East Jabung PSC, onshore Indonesia

2014-11-12 01:00:00| Hydrocarbons Technology

Pan Orient Energy has agreed to sell a 51% direct working interest and operatorship of the East Jabung production sharing contract (PSC) in Indonesia to a subsidiary of Talisman Energy.

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Telefonica to sell China Unicom stake for USD 875 mln

2014-11-10 15:22:00| Telecompaper Headlines

(Telecompaper) Telefonica is looking to sell around half of its five percent stake in Chinese mobile operator China Unicom for as much as USD 875 million. The Spanish group is offering 597.8 million China Unicom shares at HKD 11.14 to HKD 11.34 each, according to Bloomberg, which represents a 1.2 percent to 3 percent discount on the Chinese operator's last closing price in Hong Kong. Telefonica has been present in the Chinese telecommunications market since 2005 when it first acquired a 3 percent stake in China Netcom, which was then sold to Unicom in 2008. The Spanish operator then increased its stake in China Unicom to almost 10 percent in 2011 before selling around half of its shareholding in June 2012 for some USD 1.4 billion. Over the past two years Telefonica has been divesting businesses in countries such as Ireland and the Czech Republic to raise funds for acquisitions in core markets including Germany and Brazil.

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Soybean price rally offers sell opportunities

2014-11-09 21:51:00| Corn & Soybean Digest

Soybean growers should consider taking advantage of the nice rally, said Chris Hurt, Purdue University ag economics professor. I think this is a good selling opportunity. Its about as much recovery as we can expect in the short run. Futures at near $10.50 is a whole lot better than $9. read more

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