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SFA rejects Ashley's Gers stake hike

2014-12-24 14:41:03| BBC News | Business | UK Edition

The Scottish FA board rejects Mike Ashley's request to raise his shareholding in Rangers International Football Club to 29.9%.

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Shell to buy BASFs stake in ELLBA Eastern JV

2014-12-24 01:13:52| Canadian Plastics Headlines

Chemical maker BASF and Shell have reached agreement for BASF to sell its 50 per cent share in their propylene oxide-styrene monomer (POSM) joint venture. Financial details of the transaction were not disclosed. Closing is planned for December 31, 2014.…

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Australia's Toll Group divests its stake in Cambodias Toll Royal Railway

2014-12-24 01:00:00| Railway Technology

Toll Group managing director Brian Kruger has said Royal Group will now hold 100% share of the railway concession, and will continue the operation and redevelopment in country's railway sector.

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Chinese investor takes majority stake in Swartland Winery - report

2014-12-23 12:57:00| Daily beverage news and comment - from just-drinks.com

A Chinese investor has acquired a controlling stake in South Africa's Swartland Winery, according to reports.

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UPDATE 1-Norway's Statoil to reduce stake in U.S. shale formation

2014-12-23 11:46:01| Oil & Gas - Topix.net

Statoil has sold part of its stake in a shale field in the northeast of the United States to Southwestern Energy for $394 million, the Norwegian energy firm said on Tuesday. Like its rivals, Statoil is stepping up efforts to sell assets and preserve cash as the industry faces a slump in the oil price, which has fallen by around a half since June.

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