je.st
news
Tag: sells stake
Devon Energy sells 50% stake in Access Pipeline to Wolf Midstream for $1.1bn
2016-10-10 01:00:00| Hydrocarbons Technology
Devon Energy has completed the previously announced sale of its 50% stake in Access Pipeline to Wolf Midstream, a portfolio company of Canada Pension Plan Investment Board (CPPIB), for $1.1bn.
Tags: access
energy
wolf
sells
Intel spins off McAfee, sells majority stake to TPG
2016-09-08 09:07:00| Telecompaper Headlines
(Telecompaper) Intel has sold a 51 percent stake in McAfee to TPG for USD 3.1 billion, with the total business valued at USD 4.2 billion. The unit will be spun out of Intel Security, keep its McAfee name and operate as an independent cybersecurity company. Chris Young, Intel senior VP and Intel Security general manager, will lead the new company. Intel will retain 49 percent of the company after completion of the transaction, expected near the second quarter, subject to regulatory and other closing conditions. Intel bought McAfee in 2010 for USD 48 per share cash, or a total of USD 7.68 billion.
Tags: majority
intel
sells
stake
Bellatrix sells 35% stake in Canadas deep-cut gas plant to Keyera Partnership
2016-08-11 01:00:00| Hydrocarbons Technology
Bellatrix Exploration has completed the previously announced sale of a 35% stake in the Bellatrix O'Chiese Nees-Ohpawganu'ck deep-cut gas plant at Alder Flats in Alberta, Canada, to Keyera Partnership for C$112.5m ($86m).
Tags: gas
partnership
plant
sells
TerraVia Sells Stake in Algenist
2016-08-08 16:02:00| Happi Breaking News
Tengram Capital Partners acquires majority of algae-based beauty brand.
Tags: sells
stake
sells stake
MTS exits Uzbekistan, sells UMS stake to state
2016-08-08 08:46:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator MTS is exiting the Uzbekistan market and has sold its 50.01 percent stake in the mobile operator Universal Mobile Systems (UMS) to the government. The State Unitary Enterprise Centre of Radio Communication, Radio Broadcasting and Television of the Ministry of Development of ICT acquired the shares for an undisclosed sum. The state already held the other 50 percent of UMS. MTS said the dale is "due to a variety of business reasons and other circumstances", but did not provide further details. The company expects to record a write-off of the related assets of RUB 3 billion in Q3.
Tags: state
uzbekistan
sells
stake
Sites : [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] next »