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Tar Sands Trade: Kuwait Buys Stake in Alberta As It Opens Own Heavy Oil Spigot
2014-10-15 04:45:23| Oil & Gas - Topix.net
Chevron made waves in the business world when it announced its October 6 sale of 30-percent of its holdings in the Alberta-based Duvernay Shale basin to Kuwait Foreign Petroleum Exploration Company for $1.5 billion. It marked the first North American purchase for the Kuwaiti state-owned oil company and yields KUFPEC 330,000 acres of Duvernay shale gas.
Tengram Capital buys stake in Italy's Luciano Barbera
2014-10-13 12:06:23| Daily apparel & textile news and comment - from just-style.com
Tengram Capital Partners has acquired a majority stake in Italian luxury apparel brand Luciano Barbera.
Tags: capital
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Abraaj buys majority stake in Libstar
2014-10-09 01:00:00| Food Processing Technology
UAE-based private equity firm The Abraaj Group has acquired a majority stake in Liberty Star (Libstar), a South African food and personal care goods manufacturer.
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KKR buys stake in ACCIONA Energía Internacional
2014-10-08 01:00:00| Power Technology
Investment firm Kohlberg Kravis Roberts and its affiliates (KKR) have acquired a one third stake in ACCIONA Energía Internacional (AEI), the international renewable energy division of Spain-based ACCIONA, for 397m.
Tags: internacional
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Lundin buys stake in Chile copper mine for $1.8B, will sell part of gold/silver operations
2014-10-07 01:12:55| Food - Topix.net
Lundin Mining says it's buying an 80 per cent stake in the Candelaria and Ojos del Salado copper mine in Chile from Freeport-McMoRan Inc. for US$1.8 billion. The remaining 20 per cent stake in the mines will continue to be owned by Sumitomo Metal Mining Co., Ltd and Sumitomo Corp. The Toronto-based mining company says the acquisition will capitalize on long-term copper production from the northern region of Chile.
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