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Official: Alaska eyeing equity stake in natural gas pipeline project

2013-11-19 00:35:48| Oil & Gas - Topix.net

Natural Resources Commissioner Joe Balash said Gov. Sean Parnell's administration views a potential equity stake of 20 percent to 30 percent favorably.

Tags: project natural official gas

 

Altice to increase Numericable stake to 40 percent

2013-11-18 14:17:00| Telecompaper Headlines

(Telecompaper) Investment fund Altice announced that it has entered into an agreement with certain funds affiliated with Cinven and an entity affiliated with Carlyle to buy additional shares in French cable operator Numericable to increase its stake to 40 percent. The operation, which will give Altice a majority of votes on Numericable's board of directors, is expected to be completed in the first quarter of 2014. No financial details of the deal were disclosed. The acquisition is subject to antitrust approval and a waiver granted by French financial market authority AMF to file a mandatory tender offer. Under French law, a shareholder would normally be required to launch a bid for all of a company's shares after exceeding a 30 percent shareholding. Altice said that after the acquisition Numericable would continue to provide quarterly reports and public disclosure to its other shareholders.

Tags: increase percent stake numericable

 
 

FIIs buoyant on Tata group stocks, up stake in 13 cos in Sep qtr

2013-11-18 04:04:00| Steel - Topix.net

Reflecting robust sentiment on Tata Group companies, foreign investors raised their holding in as many as 13 firms, including biggies like TCS, Tata Motors, Tata Steel and Tata Power in the July-September quarter.

Tags: group sep stocks cos

 

State cuts stake in Air New Zealand

2013-11-18 03:13:55| BBC News | Business | UK Edition

Trading in Air New Zealand's shares is halted after the country's government says it will sell a 20% stake in the airline.

Tags: state air zealand cuts

 

Nintendo Rises After Buying Stake in Web Company Dwango

2013-11-15 13:47:29| Electronics - Topix.net

Nintendo Co. , the creator of the game franchises Mario and Zelda, jumped to the highest since August after buying a stake in Dwango Co.

Tags: web company buying nintendo

 

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