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Faroe Petroleum sells 10% stake in Glenlivet gas field to Total

2014-11-26 01:00:00| Offshore Technology

Faroe Petroleum has sold its 10% stake in the undeveloped Glenlivet gas field, West of Shetland, to Total E&P UK.

Tags: to total field gas

 

Insider Buys And Sells: Ashford, Cheniere Energy

2014-11-24 10:04:20| Jewelry - Topix.net

Welcome to edition 231 of Insider Weekends. Insider buying decreased last week with insiders buying $68.12 million of stock compared to $73.83 million in the week prior.

Tags: energy insider sells buys

 
 

TI sells Brazils towers, seeks tie ups with Oi, Metroweb

2014-11-24 08:34:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced the sale of its Brazilian mobile phone towers for BRL 3 billion (around EUR 900 million) and confirmed that its management has been empowered to seek a possible tie up between its Brazilian unit TIM Brasil and rival operator Oi. In a statement issued after a board meeting held on 21 November, Telecom Italia said it approved the sale of 6,481 telecommunication towers in Brazil to American Tower Corp for approximately EUR 900 million, close to its target figure. At the same time, Telecom Italia announced it had mandated its management to "examine in-depth the options for a possible integration" of Tim Brasil and Oi. Without going into any details, the company simply confirmed that "the next steps, if there are to be any, will be submitted to the board for approval." In addition, Telecom Italia said that a proposal had been sent to Italian infrastructure fund F2i asking to start discussions about the acquisition of a controlling stake in Italian broadband provider Metroweb "as soon as possible". F2i currently owns a 54 percent stake in Metroweb's holding company Metroweb Italia. In its statement, Telecom Italia said it had identified Metroweb as the partner with which it could quickly create a plan to increase investment in fibre optic networks throughout Italy.

Tags: ups tie seeks sells

 

Telecom Italia mulls Oi merger, sells Brazil towers

2014-11-24 01:00:00| Total Telecom industry news

Italian incumbent clarifies position in Brazil, confirms interest in acquiring Milan's Metroweb.

Tags: italia brazil telecom sells

 

Insider Selling: America's Car-Mart CEO Sells 2,500 Shares of Stock

2014-11-23 08:03:36| Auto Dealers - Topix.net

America's Car-Mart CEO William H. Henderson sold 2,500 shares of the stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $45.86, for a total value of $114,650.00.

Tags: stock selling shares ceo

 

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