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Oil Search Focuses on Alaska Stake Sale after Eking Out Profit for 2020

2021-02-23 15:04:27| OGI

Oil Searchs main challenge this year is to sell a 15% stake in its $3 billion Pikka oil project in Alaska.

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Petrobras Readies 51% Stake Sale of Brazil-Bolivia Gas Pipeline

2020-12-23 15:32:58| OGI

Brazilian state-controlled oil company Petroleo Brasileiro SA has started the process to sell its 51% stake in the Brazil-Bolivia gas pipeline as part of a divestment program, the company said in a securities filing on Dec. 23.

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Coty Completes Sale of Wella Stake to KKR

2020-12-01 14:14:33| Happi Breaking News

Receives $2.5 billion in cash and retains 40% of Wella.

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TIM approves sale of FiberCop stake to KKR and govt single network plan

2020-09-01 08:56:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) announced that its directors approved the sale of a minority stake in its last-mile fixed network to US investment fund KKR Infrastructure during a board meeting in which they also backed a government plan to set up a single high-speed broadband network company with rival Open Fiber. The agreement with KKR will see the US firm take a 37.5 percent stake in TIM's last mile fibre and copper grid company FiberCop for EUR 1.8 billion, on the basis of an enterprise value of EUR 7.7 billion and an equity value of EUR 4.7 billion. That deal is expected to be launching pad for the government's plan to merge FiberCop with Open Fiber to create a single network operator

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Vietnam lines up final SABECO stake sale - report

2020-07-06 15:42:00| Daily beverage news and comment - from just-drinks.com

Vietnam's Government is withdrawing from SABECO, according to reports, with the divestment of its remaining 36% stake in the domestic brewer.

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