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APICORP and Bahri to launch $1.5bn fund to acquire 15 VLCCs

2016-07-19 01:00:00| Ship Technology

Arab Petroleum Investments (APICORP) and the National Shipping Company of Saudi Arabia (Bahri) have reached an agreement to launch a $1.5bn fund to buy very large crude carriers (VLCCs).

Tags: fund launch acquire 15bn

 

Golden Brick to acquire non-TV parts of Opera's consumer business

2016-07-18 16:00:47| Digital TV News

Opera and Golden Brick Capital Private Equity Fund I have entered into a share purchase agreement to acquire certain parts of Opera's consumer business. Opera Mediaworks, Opera Apps & Games and Opera TV are not included in the transaction.

Tags: business parts consumer golden

 
 

Softbank to acquire ARM for GBP 24.3 billion

2016-07-18 08:32:00| Telecompaper Headlines

(Telecompaper) Softbank has agreed to buy mobile chip designer ARM Holdings for GBP 24.3 billion. The offer of 1,700 pence per share is a premium of 63 percent on ARM's average share price in the past three months. The takeover is expected to significantly strengthen Softbank's position in the Internet of Things. SoftBank said it intends to maintain ARM's organisation based on the UK, including existing senior management, the brand and the partnership-based business model. The Japanese company also pledged to at least double the employee headcount in the UK over the next five years and also increase staff numbers at ARM outside the UK.

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ExxonMobil proposes to acquire InterOil

2016-07-18 01:00:00| Hydrocarbons Technology

US-based ExxonMobil has made a $2.2bn bid to acquire InterOil as well as its stake in a Papua New Guinea gas field.

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Woodside to acquire ConocoPhillips' offshore assets in Senegal for $350m

2016-07-14 01:00:00| Offshore Technology

Australian company Woodside has signed an agreement to acquire ConocoPhillips' interests in Senegal for $350m to help gain a stake in three exploration blocks off the country.

Tags: assets senegal acquire offshore

 

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