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Softbank Group to raise cash by selling shares in mobile unit, bringing stake down to 40%
2020-08-28 17:06:00| Telecompaper Headlines
(Telecompaper) As of 3 August, Softbank Group said it has sold or monetised JPY 4.3 trillion (almost USD 41 billion) worth of assets, as part of a programme announced in March to buy back shares and reduce debt for a total of JPY 4.5 trillion (almost USD 43 billion). Softbank Group said it will offer part of its holding in Softbank (mobile), for a total of 927.5 million shares. There will also be a greenshoe of 100.5 million more shares. The offer price will be determined on the pricing day.
Blackstone Sells About 40% Stake in Cheniere Energys Limited Partnership
2020-08-24 21:05:00| OGI
The Blackstone Group will gain $5 billion from the sale of the stake in LNG producer Cheniere Energys limited partnership, according to a Bloomberg report.
Tags: limited
partnership
sells
stake
Private equity firms go head-to-head for Asda stake
2020-08-24 18:06:00| Daily apparel & textile news and comment - from just-style.com
Two private equity firms - both fronted by retail veterans - are preparing to place bids for a stake in UK supermarket chain Asda.
Tags: private
equity
firms
stake
Diageo's Distill Ventures acquires minority stake in Rheinland Distillers
2020-08-19 14:56:00| Daily beverage news and comment - from just-drinks.com
Diageo incubator Distill Ventures has taken a minority holding in German gin distiller Rheinland Distillers, a step that could lead to full ownership.
Tags: minority
rheinland
ventures
stake
BHP Plans Sale of Australian Bass Strait Oil Venture Stake
2020-08-18 20:00:00| OGI
The Bass Strait joint venture is co-owned and operated by Exxon Mobil Corp., which has also put its 50% stake up for sale. Analysts have estimated the 50% stake could fetch up to $3 billion.
Tags: sale
plans
oil
australian
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