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Glencore sells stake in agribusiness

2016-04-06 10:46:35| BBC News | Business | UK Edition

Mining and commodity trader Glencore says it has agreed to sell a 40% stake in its agricultural business to Canada Pension Plan Investment Board.

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March's top stories: Novatek sells stake in Russian project, Centrica completes Cumbria project

2016-04-05 01:00:00| Hydrocarbons Technology

Gas producer Novatek completed the sale of a 9.9% equity stake in the Yamal LNG project in Russia to China's Silk Road Fund (SRF) for 1.8bn, and UK-based Centrica completed the 80m Barrow Gas Terminals project in Cumbria. Hydrocarbons Technology wr

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HPE sells Mphasis stake to Blackstone

2016-04-04 09:11:00| Telecompaper Headlines

(Telecompaper) Hewlett Packard Enterprise said it has agreed to its equity stake in Bangalore IT services Mphasis to the Blackstone Group. Blackstones has agreed to purchase at least 84 percent of HPE's stake in Mphasis for INR 430 per share. The private investor group will also buy the maximum amount of the remaining 16 percent stake that is permitted by Indian securities laws, subject to the outcome of a mandatory tender offer between signing and closing.

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GS Group sells controlling stake in Cambodia's One TV pay-DTT project

2016-03-24 17:00:07| Digital TV News

GS Group has announced the sale of its controlling stake in One TV, Cambodia's first pay-DTT project, completing the projects investment cycle. The Royal Group of Companies purchased the majority stake in the operator.

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Sarah Ketterer Sells Stake in Pennsylvania Utility Company

2016-03-04 06:48:12| Auto Parts - Topix.net

Sarah Ketterer , CEO of Causeway Capital Management, bought five new stakes in the fourth quarter, but her top three transactions were divestitures. Ketterer's most noteworthy fourth-quarter deal was the sale of her 3,922,158-share stake in PPL Corp. , an electric utility company based in Allentown, Pennsylvania, for an average price of $33.74 per share.

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