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Tag: sell assets
Oil Giant Aramco May Have to Sell Assets to Maintain Saudi Dividend
2020-12-16 19:05:00| OGI
While Saudi Arabia has increased non-oil revenues this year, Saudi Aramco still accounted for more than half its total income, and will be key to containing a budget shortfall this year.
Tags: sell
oil
maintain
assets
Liberty LatAm to sell fibre assets to complete AT&T Puerto Rico acquisition
2020-10-26 10:51:00| Telecompaper Headlines
(Telecompaper) Liberty Latin America (LLA) said it has entered into a consent judgment with the US Department of Justice (DOJ) regarding its acquisition of AT&T's operations in Puerto Rico and the US Virgin Islands. The DOJ finally cleared the transaction over a year after it was reached but required LLA to divest certain fibre-based assets and customer accounts in Puerto Rico to ensure price competition. Separately, LLA confirmed that it agreed to sell part of its B2B landline business in Puerto Rico to local operator WorldNet for an undisclosed amount to secure the DOJ's approval.
Huawei to sell Honor smartphone business assets for up to CNY 25 bln report
2020-10-14 08:41:00| Telecompaper Headlines
(Telecompaper) Details on the exact assets that will be included in the sale are yet to be finalized, but are expected to include Honor's brand, research development capabilities and related supply chain management business, two of the sources said. The deal may be an all-cash sale, one of the sources added.
Tags: business
report
sell
honor
Occidental Petroleum to Sell Colombia Onshore Assets for $825 Million
2020-10-01 17:30:00| OGI
Occidental Petroleum said it is continuing to advance other asset sales as it tries to find cash to pay off debt amid a crude price crash. It has so far announced over $2 billion worth of divestitures this year.
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million
colombia
assets
Shell Egypt To Sell Assets In Western Desert
2019-10-20 14:13:29| OGI
Royal Dutch Shell plans to sell its onshore upstream assets in Egypt's Western Desert to focus on expanding its Egyptian offshore gas exploration, Shell Egypt said on Oct. 20.
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western
assets
egypt
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