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UPDATE 2-Brazil's Odebrecht mulls sale of Braskem's stake -sources

2016-03-12 04:53:43| Chemicals - Topix.net

Grupo Odebrecht SA , Latin America's largest engineering conglomerate, is considering selling its stake in petrochemical producer Braskem SA, according to three sources with direct knowledge of the situation. Odebrecht, controlled by the namesake millionaire Brazilian family, could exit Braskem in a joint transaction with state-controlled oil producer Petroleo Brasileiro SA, said the sources, who requested anonymity because the plan remains under study.

Tags: sale update sources stake

 

TeliaSonera mulls name change

2016-03-07 01:00:00| Total Telecom industry news

Sweden-based telco to decide at April AGM whether to drop 'Sonera' half of its name.

Tags: change mulls teliasonera

 
 

The Latest: EU mulls ID check extension over Greek borders

2016-03-03 17:17:54| Energy - Topix.net

Migrants wait in the eastern Greek island of Samos after they were rescued while trying to cross the Aegean Sea in a dinghy between the eastern Greek Island of Agathonisi and the nearby Turkish shores, Thursday, March 3, ... . Migrants of the Yezidi community disembark a rescue vessel of MOAS, Migrant Offshore Aid Station, a Malta-based organization, at the eastern Greek island of Samos, after they were rescued while trying to cross in a dinghy... .

Tags: check latest extension greek

 

UPDATE 1-CP Rail mulls litigation over opposition to Norfolk Southern deal

2016-03-02 23:15:43| Railroads - Topix.net

Canadian Pacific Railway Ltd said on Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern Corp. "It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect its rights," CP, Canada's second largest railroad, said in a statement. CP's $28 billion plan to buy Norfolk Southern has garnered support from more than 80 shippers, but is being opposed by Norfolk Southern and a number of industry groups and other rail customers.

Tags: update deal southern opposition

 

South Africa mulls state-owned airlines merger, seek minority equity partner

2016-02-24 14:17:09| Airlines - Topix.net

Feb 24 South Africa will explore merging two of its state-owned airlines, South African Airways and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday. Many of South Africa's 300-odd state entities are a drain on the government's purse and a team commissioned by President Jacob Zuma to review the companies recommended that some companies should be sold.

Tags: south partner africa south africa

 

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