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Samsung Group de facto leader to sell 2.05 percent stake in Samsung SDS

2016-01-28 14:36:09| Semiconductors - Topix.net

Jay Y. Lee, the company's vice chairman and the only son of Samsung Electronics chairman Lee Kun-hee, makes a public apology over the spread of the Middle East Respiratory Syndrome at Samsung Medical Center, at the company's headquarters in Seoul, South Korea, June... Samsung Group said on Thursday its de facto leader Jay Y. Lee would sell a stake of 2.05 percent in Samsung SDS Co Ltd for about 380 billion won to raise money for any potentially unsubscribed shares he will need to buy from the rights issue of Samsung Engineering Co Ltd , currently owns 11.25 percent of Samsung SDS.

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Novatek signs agreement to sell stake in Yamal LNG project in Russia

2015-12-21 01:00:00| Hydrocarbons Technology

Natural gas producer Novatek has signed an agreement to sell a 9.9% equity stake in the $27bn Yamal LNG project in Russia to Chinas Silk Road Fund (SRF).

Tags: project sell agreement russia

Alibaba looks to sell stake in Meituan/Dianping entity

2015-11-23 09:40:00| Telecompaper Headlines

(Telecompaper) Alibaba wants to sell its 7 percent stake in the company created by last month's merger of Meituan.com and Dianping, which provide online movie ticketing, restaurant booking and other on-demand services, the Wall Street Journal reported, citing people familiar with the situation. The sources added that the company wants to focus on building up a competing platform of its own. The Alibaba deal could be worth about USD 1 billion, based on the valuations being discussed in Meituan-Dianping's current fundraising round, the people said.

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Enel to sell 49% stake in Hydro Dolomiti Enel to Fedaia Holdings

2015-11-16 01:00:00| Power Technology

Italian energy company Enels subsidiary Enel Produzione, has signed a deal to sell its entire 49% stake in Hydro Dolomiti Enel to Fedaia Holdings for 335m.

Tags: to sell holdings stake