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SM Energy to sell two non-core assets for $172.5m

2016-08-02 01:00:00| Hydrocarbons Technology

US-based SM Energy has signed agreements to sell two separate packages of non-core assets together in a deal valued at $172.5m.

Tags: sell energy assets noncore

 

Zargon Oil & Gas to sell Southeast Saskatchewan assets

2016-07-26 01:00:00| Hydrocarbons Technology

Canadian-based Zargon Oil & Gas has signed an agreement for the sale of all of its Southeast Saskatchewan assets in a transaction worth C$89.5m ($67.9m).

Tags: sell gas oil assets

 
 

Verizon confirm takeover of Yahoo web assets for USD 4.8 bln

2016-07-25 13:22:00| Telecompaper Headlines

(Telecompaper) Verion has confirmed a deal to acquire Yahoo!'s web activities for USD 4.83 billion in cash. The acquisition sees Verizon expand further in digital media, after its takeover AOL last year, investments in video content and launch of a mobile video service. Yahoo's web properties and digital advertising business will be merged with AOL; additional technology assets to be acquired by Verizon include the programmtic ad platform Brightroll, mobile apps analytics service Flurry, and Gemini, Yahoo's native and search advertising platform. Yahoo will hold on to its stakes in Alibaba and Yahoo Japan, its cash and convertible notes, certain minority investments, and non-core patents (called the Excalibur portfolio). Following the takeover, which is expected to close by Q1 2017, Yahoo will change its company name and operate as a publicly traded investment company.

Tags: web yahoo usd confirm

 

Malaysia 1MDB investigation: US seeks to seize $1bn in assets

2016-07-20 15:51:40| BBC News | Business | UK Edition

The US Justice Department is looking to seize more than $1bn (761m) in assets as part of its investigation into Malaysia's state fund 1MDB.

Tags: investigation malaysia assets seeks

 

Telia posts Q2 revenue decline, writes down Eurasian assets

2016-07-20 02:00:00| Total Telecom industry news

Swedish operator reaffirms full-year outlook, expects flat to slightly increased earnings compared with 2015.

Tags: posts revenue assets decline

 

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