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Tag: sale
Docomo files for arbitration in Tata Teleservices stake sale
2015-01-05 10:55:00| Telecompaper Headlines
(Telecompaper) Japanese mobile operator NTT Docomo has submitted a request before the London Court of International Arbitration for arbitration with Tata Sons, Tata Group's holding company, pursuant to the shareholders agreement regarding the exercise of Docomo's option to sell its stake in Indian operator Tata Teleservices (TTSL). Under the terms of the shareholder agreement between Docomo, TTSL and Tata Sons, Docomo exercised on 7 July 2014 its right to request that a suitable buyer be found to purchase its TTSL shares for 50 percent of the acquired price, amounting to INR 72.5 billion (approximately JPY 125.4 billion), or a fair market price, whichever is higher. Pursuant to the shareholders agreement, Docomo submitted its request for arbitration to ensure that its right be exercised after Tata Sons failed to fulfill its obligation, despite Docomo's repeated negotiations with Tata Sons regarding the sale of its entire stake in TTSL.
Commissioning On Williams Partners' Geismar Plant Nears Completion; Ethylene Production For Sale Now Expected In January
2015-01-05 04:51:16| chemicalonline Home Page
Williams Partners L.P. recently announced its expanded Geismar plant now expects ethylene production for sale to begin in January as commissioning efforts for the project near completion. “This commissioning effort has been especially challenging after the uncharacteristically hard shutdown at the time of the incident and as a result of being out of commission for more than a year,” said John Dearborn, Senior Vice President of NGL & Petchem Services
Tags: january
sale
production
partners
Venezuela blocks Harvest Natural Resources $275 assets sale
2015-01-05 01:00:00| Offshore Technology
Energy firm Harvest Natural Resources has cancelled the $275m sale of its remaining assets in Venezuela after failing to secure approval from the Venezuela Government.
Tags: resources
sale
natural
venezuela
DoCoMo tackles Tata on India stake sale
2015-01-05 01:00:00| Total Telecom industry news
Japanese operator keen to ensure it can sell Tata DoCoMo shares for at least 950 million; Telenor named as possible buyer.
Dairy Food Safety Victoria to regulate new rules for sale of raw milk
2015-01-05 01:00:00| Food Processing Technology
Dairy Food Safety Victoria (DFSV) in Australia has been given responsibility by Victoria's state government to introduce regulations for a bittering agent to be added to any raw, cosmetic milk sold in the state to make it unpalatable.
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