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Tag: stake
Petrobras to sell stake in exploration block to Statoil for $2.5bn
2016-07-29 01:00:00| Offshore Technology
Petróleo Brasileiro (Petrobras) has announced the sale of its stake in exploration block BM-S-8 in Brazils Santos Basin to Statoil Brasil Óleo e Gás for $2.5bn.
Tags: sell
block
exploration
stake
Vivendi questions Mediaset Premium value, looks to cut stake
2016-07-26 14:02:00| Telecompaper Headlines
(Telecompaper) Italian broadcaster Mediaset has announced that French media giant Vivendi has backtracked on its plan to acquire 100 percent of pay TV unit Mediaset Premium, submitting a new proposal to take a 20 percent stake, plus 15 percent in three years' time through a convertible bond issue. Mediaset said it received a letter from Vivendi "absolutely out of the blue" that was in "clear contradiction" with what it described as a binding agreement to acquire Mediaset's 89 percent stake in the unit as well as the remaining 11 percent stake held by Spain's Telefonica. The French group subsequently issued a statement clarifying that CEO Arnaud de Puyfontaine sent a letter to Mediaset on 21 June informing the Italian company's management of "significant differences in the analysis of [Mediaset Premium's] results, for which the two companies are currently in negotiations."
Tags: questions
premium
cut
stake
Halewood Wines & Spirits makes West Cork Distillers stake purchase
2016-07-25 19:05:00| Daily beverage news and comment - from just-drinks.com
Halewood Wines & Spirits has acquired a holding in Irish whiskey producer West Cork Distillers, four months after buying a 50% holding in the firm's The Pogues brand.
Tags: west
makes
purchase
spirits
Silver Run to acquire stake in Centennial Resource
2016-07-25 01:00:00| Hydrocarbons Technology
Silver Run Acquisition has signed an agreement to acquire a stake in US-based Centennial Resource Production.
Tags: run
resource
silver
acquire
Pampa Energía to sell stake in natural gas supplier TGS for $241m
2016-07-20 01:00:00| Hydrocarbons Technology
Argentinian-based electric utility Pampa Energía has signed an agreement to sell its indirect stake in natural gas supplier Transportadora de Gas del Sur (TGS) to Grupo Inversor Petroquímica for $241m.
Tags: sell
natural
gas
supplier
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