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TechnipFMC to Sell Technip Energies Shares for Roughly $233 Million

2021-09-03 18:05:00| OGI

Upon completion of the sale to Dutch investment company HAL investments, TechnipFMC said it will retain a direct stake of approximately 12.3% of Technip Energies share capital.

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Ebay agrees USD 9.2 bln cash and shares deal to sell classified ads to Schibsted's Adevinta

2020-07-21 13:40:00| Telecompaper Headlines

(Telecompaper) Global online marketplace eBay said it has agreed to sell its classified advertising operations to Adevinta, the company spun off by Norway's Schibsted in 2019. The combined group will have positions in 20 markets, covering 1 billion people with 3 billion monthly visits. eBay said the USD 9.2 billion cash and stock deal will make eBay the largest shareholder of Adevinta.

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Softbank in talks to sell T-Mobile shares to Deutsche Telekom - report

2020-05-18 10:33:00| Telecompaper Headlines

(Telecompaper) Softbank is in talks with Deutsche Telekom to sell a portion of its stake in T-Mobile US, the Wall Street Journal reports citing people familiar with the matter. Deutsche Telekom would raise its stake in T-Mobile to over 50 percent from the current 44 percent if the transaction were finalised. Telekom already has voting control of T-Mobile under a prior agreement with SoftBank, which recently held almost 25 percent of T-Mobile's common stock, according to FactSet.

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Alibaba to sell 500 mln new shares in Hong Kong listing

2019-11-15 09:29:00| Telecompaper Headlines

(Telecompaper) Alibaba Group is going ahead with plans for a secondary public offering and listing on the Hong Kong Stock Exchange. The company will sell 500 million new shares, raising around USD 13 billion based on its latest share price.

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