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Tag: months
Buyouts Snapshot: Texas firm Sterling Group raises $1.25 bln for Fund IV in three months
2015-07-27 14:39:57| Chemicals - Topix.net
Sterling Group , the Houston-based middle-market firm, took about three months of formal fundraising to raise the largest buyout pool in its history, with $1.25 billion in commitments for Sterling Group Partners IV. Partner Kevin Garland said Sterling Group was able to raise Fund IV quickly because of its team effort to stay in touch with LPs.
Zimbabwe mobile money exceeds USD 2 bln in first 5 months
2015-07-24 10:49:00| Telecompaper Headlines
(Telecompaper) The value of transactions processed through mobile platforms in Zimbabwe surpassed USD 2 billion in the first five months of the year, the Herald reported. A January-May report from the Reserve Bank of Zimbabwe shows that mobile-based transactions were valued at USD 2.35 billion,. The service has become important, taking into account the fact that the country now has a thriving SME and informal sector (shadow economy) which is estimated to hold around USD 7 billion.
Nexen: It May Take Months Pinpoint Cause of Alberta Oil Spill
2015-07-23 15:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Finding the root cause of the oil-sands pipeline leak discovered earlier this month in northern Alberta, one of the biggest oil-related spills on land ever in North America, will likely take months, a senior Nexen Energy executive said on Wednesday. Nexen, a subsidiary of China's CNOOC Ltd, is putting a higher priority on cleaning up the spill from its pipeline and investigating its cause than on restarting the Kinosis oil sands project where the spill took place, Ron Bailey, Nexen's senior vice...
Tags: months
oil
alberta
spill
Loblaw closing 52 unprofitable stores over next 12 months
2015-07-23 14:29:07| Grocery - Topix.net
Loblaw Companies Ltd. says it will close 52 unprofitable stores over the next 12 months, the company revealed Thursday. Loblaw Companies Ltd. plans to close 52 unprofitable stores in Canada over the next year, it says in its second-quarter earnings release.
Tags: months
stores
closing
unprofitable
Energy company SSE loses 90,000 customers in three months as shares fall
2015-07-23 13:24:08| Energy - Topix.net
Energy giant SSE lost 90,000 customer accounts in the last three months but gave no indication that it would follow rival British Gas in cutting prices. Shares fell 4% as the group also said that annual profits from its energy supply arm were likely to fall.
Tags: company
months
fall
energy
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