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Glencore to sell 40% stake in agribusiness to CPPIB

2016-04-08 01:00:00| Food Processing Technology

Anglo-Swiss mining and commodity company Glencore has entered into a definitive agreement with the Canada Pension Plan Investment Board (CPPIB) to sell a 40% stake in its agricultural business to a wholly-owned subsidiary of CPPIB.

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HPE to sell majority stake in Indian IT services provider Mphasis to Blackstone

2016-04-04 10:01:22| IT Services - Topix.net

Hewlett Packard Enterprise is to sell its majority stake in Indian IT services provider Mphasis to Blackstone Group, in a deal that will help the Palo Alto, California, company raise capital as well as continue to get services delivered from India. HPE said the purchase by Blackstone of its shares at rupees 430 a share values its 60.5 percent stake at about US$825 million.

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Alcoa to sell stake in Australian gas pipeline operator DBP for $154m

2016-03-31 01:00:00| Hydrocarbons Technology

Alcoa of Australia has agreed to sell its stake in natural gas pipeline operator DBP to Duet Group in a transaction worth A$205m ($154m).

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SSE agrees to sell 49.9% stake in Clyde Wind Farm for 355m

2016-03-16 01:00:00| Power Technology

SSE has signed an agreement to sell 49.9% of its stake in the operational 349.6MW Clyde Wind Farm to Greencoat UK Wind (UKW), and GMPF & LPFA Infrastructure (GLIL) for 355m.

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MX Oil to sell stake in Aje field, offshore Nigeria

2016-02-29 01:00:00| Offshore Technology

MX Oil has signed an agreement to sell its investment in the Aje field offshore Nigeria to GEC Petroleum Development (GPDC), a wholly owned E&P subsidiary of Global Energy.

Tags: field sell oil nigeria

 

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