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ONGC to sell KG basin stake to Shell, ConocoPhillips

2013-08-14 01:00:00| Offshore Technology

India-based Oil and Natural Gas (ONGC) says it is in talks to sell its stake in the Krishna Godavari (KG) basin deep-sea block to ConocoPhillips and Royal Dutch Shell.

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Visteon to sell stake in Chinese JV for $1.25B

2013-08-13 13:51:43| Automakers - Topix.net

The auto parts supplier says it will apply proceeds from the sale of its 50 percent stake in Yanfeng Visteon Automotive Trim Systems on a $1.2 billion share buyback program that runs through December 2015.

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Abertis to sell Belfast and Stockholm airport stake to ADS & HAS

2013-07-24 01:00:00| Airport Technology

Spanish infrastructure firm Abertis has signed an agreement to sell its two European airports in Belfast and Stockholm to the US airport operator ADC & HAS for $374m, as part of a strategy to optimise its asset base.

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San Miguel to sell small stake in Manila Electric for US$300m: IFR

2013-07-19 08:55:12| Beverages - Topix.net

Philippine conglomerate San Miguel Corp is selling a 4.3 per cent stake in Manila Electric Co , a small portion of its total holdings in the power firm, to raise around US$300 million, IFR reported late on Thursday [MANILA] Philippine conglomerate San Miguel Corp is selling a 4.3 per cent stake in Manila Electric Co , a small portion of its total ... (more)

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Tata Steel may sell stake in group cos to Tata Sons

2013-06-25 08:41:39| Steel - Topix.net

The attempt would be to raise Rs 7,200 crore or $1.2 billion, say bankers. Tata Steel owns 5.6 per cent in Tata Motors, worth Rs 5,014 crore at on Monday's close, apart from stake in other Tata Group companies .

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