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Kinder Morgan to sell 50% stake in $500m Utopia pipeline project

2016-06-30 01:00:00| Hydrocarbons Technology

Kinder Morgan (KMI) has announced the sale of a 50% stake in the $500m Utopia pipeline project to US-based private equity firm Riverstone Investment Group.

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Telia to sell Yoigo stake to MasMovil for EUR 479 mln

2016-06-21 09:56:00| Telecompaper Headlines

(Telecompaper) Swedish telecommunications group Telia has agreed to sell its 76.6 percent stake in Spanish mobile operator Yoigo to MasMovil for EUR 479 million. In a statement, Telia said the transaction price is based on an enterprise value of EUR 625 million for 100 percent of Yoigo. "The divestment of Yoigo is an important milestone in our ambition to increase focus on our operations in the Nordics and Baltics," said Telia CEO Johan Dennelind, adding that "I am happy that we have an agreement with MasMovil, which will be able to leverage a small but great and agile team into a combined unit, creating an even stronger challenger in the Spanish market." The deal is expected to close in the third quarter of 2016 subject to approval from Spanish competition authorities.

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Anheuser-Busch InBev must sell SABMiller's Distell stake as completion edges closer

2016-05-31 17:47:00| Daily beverage news and comment - from just-drinks.com

South Africa's Competition Commission has approved Anheuser-Busch InBev's takeover of SABMiller, provided the merged entity sells SAB's stake in Distell.

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Zurich Airport to sell minority stake in Indias BIAL

2016-04-19 01:00:00| Airport Technology

Switzerland's Zurich Airport has entered an agreement to sell 5% of its stake in India's Bengaluru International Airport Limited (BIAL) for $48.9m.

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EPH plans to sell minority stake in infrastructure unit via IPO

2016-04-13 01:00:00| Hydrocarbons Technology

Czech energy firm Energetický a průmyslový holding (EPH) is planning for an initial public offering (IPO) at the Prime Market of the Prague Stock Exchange to sell minority stake in its infrastructure business EP Infrastructure (EPIF).

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