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Shell divests its stake in China lubricants business Tongyi

2015-08-07 01:00:00| Hydrocarbons Technology

Royal Dutch Shell has signed an agreement to sell its 75% stake in the China based Tongyi Lubricants to Huos Group and private-equity firm Carlyle Group.

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Malaysias Ping Petroleum and Hibiscus to acquire stake in Anasuria Cluster in North Sea

2015-08-07 01:00:00| Offshore Technology

Ping Petroleum and Hibiscus Petroleum have signed an agreement with Shell UK, Shell EP Offshore Ventures and Esso Exploration and Production UK to each acquire 50% of the entire interests in the Anasuria Cluster in the UK Central North Sea.

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Pershing Square Capital Management acquires 7.5% stake in Mondelez

2015-08-06 01:00:00| Food Processing Technology

Pershing Square Capital Management has revealed a 7.5% stake in confectionery, food and beverage company Mondelez International for an estimated $5.5bn.

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Skoda Transportation acquires majority stake in Finland's Transtech

2015-08-06 01:00:00| Railway Technology

Czech engineering company Skoda Transportation has completed the acquisition of the controlling stake in Finnish rolling stock manufacturer Transtech from investment company Pritech Oy for an undisclosed amount.

Tags: transportation majority stake skoda

 

InVivo Wine follows Vinadeis tie-up with stake purchase

2015-08-04 12:19:00| Daily beverage news and comment - from just-drinks.com

InVivo Wine has taken a 21% stake in wine co-operative Vinadeis.

Tags: purchase wine stake invivo

 

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