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DEA sells stake in Egypts $12bn West Nile Delta project to BP

2015-05-19 01:00:00| Offshore Technology

German company DEA has sold its stake in the $12bn West Nile Delta (WND) project in Egypt to its joint venture partner and operator BP.

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Activist investor sells Ashland stake

2015-05-14 21:34:47| Chemicals - Topix.net

An activist investor has sold its entire stake as the largest shareholder of Covington-based specialty chemical company Ashland Inc. Jana Partners , a New York-based activist investment firm, closed its position in Ashland as of the end of the day on Monday, it said in a Securities and Exchange Commission filing. It owned nearly 5.9 million shares as of the end of the first quarter.

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Activist investor sells Ashland stake

2015-05-14 21:16:14| Oil & Gas - Topix.net

An activist investor has sold its entire stake as the largest shareholder of Covington-based specialty chemical company Ashland Inc. Jana Partners , a New York-based activist investment firm, closed its position in Ashland as of the end of the day on Monday, it said in a Securities and Exchange Commission filing. It owned nearly 5.9 million shares as of the end of the first quarter.

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BP sells stake in CATS business to Antin for 324m

2015-04-24 01:00:00| Offshore Technology

BP has agreed to sell its stake in the Central Area Transmission System (CATS) business in the UK North Sea for 324m ($486m) to Antin Infrastructure Partners, which already owns a majority interest in the business.

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Cirque du Soleil sells majority stake to private equity

2015-04-20 19:09:39| Apparel - Topix.net

The Cirque du Soleil has signed a deal to sell a majority stake to U.S. private equity firm TPG for an undisclosed price, the world-renowned circus troupe announced Monday. Billionaire Cirque founder Guy Laliberte will maintain a stake in the business and continue to provide strategic and creative input to the company.

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