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EnBW sells 49.89% stake in 288MW German offshore wind project to Macquarie

2015-01-08 01:00:00| Power Technology

Power utility firm Energie Baden-Württember (EnBW) will sell its 49.89% stake in the 288MW Baltic 2 offshore wind farm in Germany to Macquarie Capital for about 720m.

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France sells 49% stake in Toulouse airport to Chinese consortium

2014-12-08 01:00:00| Airport Technology

French economy minister Emmanuel Macron has announced that the government will be selling a 49.9% stake in Toulouse-Blagnac Airport to a Chinese consortium, in order to increase international air links in the south of France.

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Microsoft sells Nook stake back to Barnes & Noble

2014-12-05 08:58:00| Telecompaper Headlines

(Telecompaper) Microsoft is withdrawing from its investment in Barnes & Noble's Nook e-reader. The company acquired a stake in Nook Media in 2012, but has now agreed to sell it back to Barnes & Noble and end their commercial cooperation. The sale will help Barnes & Noble continue with its plan to separate its digital business from its traditional retail activities, a process expected to be completed by the end of August 2015. The announcement came alongside quarterly results showing Nook'a revenues down 41.3 percent year-on-year to USD 64 million. Device sales fell 63.7 percent to USD 18.7 million in the three months to October, and digital content sales dropped 21.2 percent to USD 45.2 million. Nook narrowed its EBITDA loss to USD 8 million from USD 38 million a year ago.

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Sky sells majority stake in Sky Bet

2014-12-04 11:54:34| BBC News | Business | UK Edition

Satellite broadcaster Sky sells a majority stake in its gambling operation Sky Bet to CVC Capital Partners, valuing the business at 800m.

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Faroe Petroleum sells 10% stake in Glenlivet gas field to Total

2014-11-26 01:00:00| Offshore Technology

Faroe Petroleum has sold its 10% stake in the undeveloped Glenlivet gas field, West of Shetland, to Total E&P UK.

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