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Second US Shale Booms Legacy: Overpriced Deals, Unwanted Assets

2020-09-01 11:10:00| OGI

The promise of future returns lured investors, including a wave of acquisitions. Now, many of those shale deals are financially unworkable due to low oil prices.

Tags: deals assets legacy unwanted

 

Trump Faces N.Y. Probe into Valuation of Assets to Get Loans

2020-08-24 20:13:00| National Real Estate Investor

The state is investigating whether the Trump Org. inflated the value of assets to secure favorable loan terms.

Tags: to loans assets faces

 
 

Frasers Group acquires DW Sports assets in GBP37m deal

2020-08-24 12:58:00| Daily apparel & textile news and comment - from just-style.com

Frasers Group has acquired certain assets of sports retailer and fitness business Dave Whelan Sports Limited (DW) from the company's administrators for GBP37m (US$48.6m).

Tags: sports deal assets acquires

 

Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets

2020-08-19 21:35:00| OGI

The sale, which doesnt include Occidental Petroleums core oil and gas assets in the Rockies, significantly advances the progress of the  $2 billion-plus divestiture target the company set for 2020, CEO Vicki Hollub says.

Tags: sale assets billion agrees

 

El Salvador imposes strict conditions on America Movil's request to buy Telefonica assets

2020-08-19 10:01:00| Telecompaper Headlines

(Telecompaper) El Salvador's antitrust regulator Superintendencia de Competencia has provisionally approved America Movil's request to acquire Telefonica's operations in El Salvador on acceptance of a series of anti-trust conditions. In a statement, the watchdog cautioned that Claro El Salvador's increased market share could give rise to "limits on competition" and the operator must therefore rule out the future use of spectrum currently used by Telefonica's Movistar unit in the country. The portions include 25 MHz with national coverage in the 850 MHz band and a further 30 MHz in the 1900 MHz band.

Tags: conditions buy request america

 

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