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Exclusive: Chevron puts Myanmar gas block stakes worth $1.3 billion up for sale - sources
2016-04-18 09:56:49| Oil & Gas - Topix.net
U.S. oil and gas major Chevron Corp has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3 billion, would be the biggest deal involving Myanmar assets to date, financial sources familiar with the matter said. The sale, part of Chevron's efforts to preserve cash and retreat from non-core assets in the wake of sliding oil prices, is seen as setting the tone for future deals in a country that is opening up for business after historic elections last year.
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Mitel buys Polycom for $1.96 billion
2016-04-18 02:00:00| Total Telecom industry news
Enterprise services business says it expects deal to close in third quarter, pending shareholder and regulatory approvals.
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Rupert Murdoch's News Corp and Telstra delay $8 billion Foxtel float plans
2016-04-17 16:30:47| Telecom - Topix.net
Rupert Murdoch's News Corporation and Telstra have postponed their planned $8 billion initial public offering of Foxtel until 2017 due to the sheer volume of work that needs to be done to prepare their structurally challenged pay television joint venture for a sharemarket listing. Sources say that plans for an IPO in the second half of 2016, revealed by Fairfax Media in March , have been scrapped, with advisors now working to a less aggressive timetable for the deal including a pre-float merger of Foxtel with Fox Sports, which is owned by News Corp. Telstra, which owns the other 50 per cent of Foxtel, has led the push for an IPO.
Fracking wells released over 5 billion pounds of methane in one year
2016-04-16 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Being in close proximity to fracking operations could screw up your sexual health, cause developmental defects and cancer, induce seismic activity around you, and the list goes on. Does all that doom and gloom seem, well, a little vague? An Environment America report released Thursday offers raw numbers, based on a set of industry-reported data going back for more than decade. Frackers, the report concludes, have used billions of pounds of cancer-causing chemicals in at least 137,000 wells...
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FCA: Merger Could Save Us $10 Billion Per Year
2016-04-15 23:09:31| Automakers - Topix.net
It's no secret that Sergio Marchionne , CEO of Fiat Chrysler Automobiles, has sought to form partnerships with other automakers. Now, FCA Chairman John Elkann has renewed the push toward a merger, claiming the move will save the company close to $10 billion annually.
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