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UK: Molson Coors sells Tradeteam stake to DHL

2014-01-02 16:21:00| Daily beverage news and comment - from just-drinks.com

DHL has taken full control of UK drinks logistic business Tradeteam after buying out its joint-venture partner, Molson Coors.

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Shell acquires Brazils BC-10 project stake for $1bn

2014-01-02 01:00:00| Offshore Technology

Oil and gas company Shell has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore of Brazil for $1bn.

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GMR Infrastructure to sell 40% stake in Istanbul airport

2014-01-02 01:00:00| Airport Technology

India-based GMR Infrastructure has signed a definitive agreement with Malaysian Airports Holding Berhard (MAHB) to sell its 40% stake in Sabiha Gokcen airport in Istanbul for 225m.

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RPT-Woodside stake may be split if Shell sells out

2013-12-27 12:14:16| Oil & Gas - Topix.net

Royal Dutch Shell's 23.1 percent stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said.

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Lazardis cuts BlackBerry stake to under 5%

2013-12-27 08:46:00| Telecompaper Headlines

(Telecompaper) BlackBerry co-founder Michael Lazaridis has reduced his combined stake with another co-founder in the smartphone maker to just under 5 percent, according to a SEC filing. Lazardis indicated he no longer plans to pursue a joint bid to acquire the company outright, the Wall Street Journal reports. In October, Lazaridis, and Douglas Fregin, another co-founder, disclosed they owned a combined 8 percent stake of BlackBerry and were considering a joint bid to acquire the company. In November, BlackBerry took itself off the market after failing to secure a deal, appointed a new management team and recommitted itself to try to revitalize its struggling operations. Lazaridis said he now owns about a 4.99 percent stake in BlackBerry and indicated he and Fregin ended their partnership for a possible takeover bid.

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