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Carlyle Group to invest $500 million in India-focused Magna Energy

2015-06-22 22:24:47| Oil & Gas - Topix.net

Magna plans to bid for small and medium sized fields which are to be auctioned by the government later this fiscal as also in future exploration licensing rounds, he told PTI. US-based private equity firm Carlyle Group on Monday said it will invest $500 million in Magna Energy Ltd, an India-focused oil firm founded by Mike Watts, the man who saw oil in Rajasthan's Thar desert where global giant Royal Dutch Shell saw none.

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Carlyle Group to invest $500 million in India-focused Magna Energy

2015-06-22 22:24:10| Energy - Topix.net

Magna plans to bid for small and medium sized fields which are to be auctioned by the government later this fiscal as also in future exploration licensing rounds, he told PTI. US-based private equity firm Carlyle Group on Monday said it will invest $500 million in Magna Energy Ltd, an India-focused oil firm founded by Mike Watts, the man who saw oil in Rajasthan's Thar desert where global giant Royal Dutch Shell saw none.

Tags: group million energy invest

 
 

BASF Completes 500 Million Acrylic Acid Complex in Brazil

2015-06-22 07:00:00| Nonwovens Industry Breaking News

South Americas first world-scale production complex for acrylic acid and SAP has 160,000 ton capacity.

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Spotify Raises $500 Million in Apple Battle

2015-06-10 16:21:28| IT Services - Topix.net

Music-streaming company Spotify Ltd. has raised $526 million in a fundraising that values it at $8.53 billion, according to a person familiar with the matter, as investors bet it can fend off a new threat from Apple Inc. The fundraising attracted investment from a number of investment funds in Europe and the U.S. and included a $115 million investment from Nordic telecom operator TeliaSonera AB, which said the two companies would work together on areas such as media distribution, data analytics and advertising.

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O'Reilly Automotive, Inc. Announces Additional $500 Million Share Repurchase Authorization

2015-05-29 23:20:46| Auto Parts - Topix.net

O'Reilly Automotive, Inc. , a leading retailer in the automotive aftermarket industry, today announced that its Board of Directors approved a resolution to increase the authorization amount under its share repurchase program by an additional $500 million, raising the aggregate authorization under the program to $5.5 billion. The additional $500 million authorization is effective for a three-year period, beginning on May 29, 2015.

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