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South African govt could sell stake in Vodacom - source
2014-10-17 09:38:00| Telecompaper Headlines
(Telecompaper) The South African government is thinking of selling its minority stake in Vodacom, Bloomberg reported, citing cources with knowledge of the matter. Vodafone has a 65 percent stake in Vodacom and could be a possible buyer for the new shares, the sources said. Vodafone owns 40 percent of Kenya's Safaricom and has branded businesses in Egypt and Ghana. The South African government's 13.9 percent stake in Vodacom is valued at about ZAR 25.5 billion. The state is exploring a sale of the unit as it seeks funds to rescue utility Eskom, the people with knowledge of the matter said.
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Cooper Tire to sell stake in China plant for $284 million
2014-10-08 19:35:58| Industrial Machines - Topix.net
Cooper Tire & Rubber Co . confirmed today that its joint-venture partner in China, Chengshan Group Co.
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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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Chevron to sell 30% stake in Duvernay shale play for $1.5bn
2014-10-07 01:00:00| Hydrocarbons Technology
Chevron has agreed to sell a 30% stake in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for $1.5bn.
Lundin buys stake in Chile copper mine for $1.8B, will sell part of gold/silver operations
2014-10-07 00:50:58| Grocery - 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.
Tags: part
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