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Tag: acquire

B.Grimm Power to acquire Thai power assets for $162.9m

2014-06-17 01:00:00| Power Technology

B.Grimm Power, a power producer in Thailand, has signed an agreement to acquire two power plants from Sime Darby Energy (SDEPL), an indirect wholly-owned subsidiary of Sime Darby Bhd, for a total consideration of MYR522.9m ($162.9m).

Tags: power assets thai acquire

Williams Agrees To Acquire Global Infrastructure Partners' GP And LP Interests In Access Midstream Partners For $5.995 B; Plans Higher Dividend; Proposes Subsequent Merger Of Access Midstream Partners And Williams Partner

2014-06-16 12:08:53| chemicalonline Home Page

Williams (NYSE:WMB)recently announced that it has agreed to acquire the 50 percent general partner interest and 55.1 million limited partner units in Oklahoma City-based Access Midstream Partners L.P

Tags: of access partner global

Vodafone to acquire Cobra Automotive Technologies

2014-06-16 08:39:00| Telecompaper Headlines

(Telecompaper) Vodafone announced plans to acquire Cobra Automotive Technologies for EUR 145 million. Based in Italy and listed in Milan, Cobra is a provider of security and telematics services to the automotive and insurance industries. Vodafone said the deal will help it expand in the M2M market, offering more services than just connectivity. Vodafone will pay EUR 1.49 per share for Cobra, which also holds EUR 48 million in debt, under the agreement with holders of 74 percent of Cobra shares. Vodafone also agreed to acquire another 20 percent in Cobra from minority shareholders for EUR 20 million, once the initial offer is completed. Pending regulatory approval, the takeover is expected to close in the third quarter. 

Tags: automotive technologies acquire vodafone

EnQuest to acquire ExxonMobils stakes in two offshore Malaysian assets

2014-06-16 01:00:00| Offshore Technology

UK-based EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysias stake in the Seligi oil field and the PM8 production sharing contract (PSC), located offshore Malaysia.

Tags: assets acquire offshore malaysian

Google in talks to acquire Virgin Galactic stake - report

2014-06-12 22:52:00| Telecompaper Headlines

(Telecompaper) Google is in talks to acquire a stake in Sir Richard Branson's space tourism venture Virgin Galactic, Sky News has learned. This would give Google access to satellite-launch technology as it looks to extend internet access to people worldwide using a network of low-Earth orbit satellites. According to insiders, the talks are at an advanced stage and will likely result in a deal with two main elements. The first will see Google invest hundreds of millions of dollars into a JV, with Virgin Galactic folding in the technology it has developed. The second part would see Google invest around USD 30 million for small stake in the Virgin Galactic holding company. Google and Virgin Galactic both declined to comment on the report.

Tags: report google virgin talks

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