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Tag: stake
Providence to divest 32% stake in Spanish Point area
2015-10-28 01:00:00| Offshore Technology
Irish oil and gas exploration company Providence Resources has started a farm-out process to divest up to 32% of its interest in the Spanish Point area, which includes Frontier Exploration Licence (FEL) 2/04 and 4/08.
Tags: area
point
spanish
providence
Galp Energia acquires operating stake in block 6, So Tomé and Principe EEZ
2015-10-28 01:00:00| Offshore Technology
Portugal-based Galp Energia has signed an agreement with the Government of So Tomé and Príncipe and Kosmos Energy to work as operator for Block 6 of the offshore So Tomé and Príncipe Exclusive Economic Zone (EEZ).
Tags: tom
operating
block
principe
Cargill selling stake in North Star BlueScope Steel for $720 million
2015-10-27 16:52:31| Food - Topix.net
Cargill Inc. has agreed to sell its interest in North Star BlueScope Steel for $720 million, exiting the steel production business. The Minnetonka-based agribusiness giant announced Sunday it is unloading its 50 percent stake to its joint venture partner, BlueScope Steel, which will also assume $40 million in debt.
Tags: north
star
million
selling
Altice to sell 30% stake in Cablevision to investors
2015-10-27 08:45:00| Telecompaper Headlines
(Telecompaper) Altice announced an agreement to sell 30 percent of Cablevision to BC Partners and the Canada Pension Plan Investment Board. Altice agreed in September to buy the US cable operator for a total USD 17.7 billion. It will sell the 30 percent stake for USD 1.0 billion to the two partners, who also participated in Altice's takeover of the US cable operator Suddenlink. The shareholders agreement between Altice, BCP and CPPIB for Cablevision is on similar terms to the Suddenlink transaction announced in May, Altice said. The acquisition of Cablevision is expected to close in the first half of 2016, pending regulatory approvals.
Altice sells $1bn stake in Cablevision to Suddenlink partners
2015-10-27 01:00:00| Total Telecom industry news
French firm inks shareholder agreement with BC Partners, Canada Pension Plan Investment Board for 30% stake in second U.S. cable acquisition.
Tags: partners
sells
stake
cablevision
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