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VTB to sell 50% stake in Tele2 Russia

2013-10-11 14:27:00| Telecompaper Headlines

(Telecompaper) Russian VTB group plans to sell a 50 percent stake in mobile operator Tele2 Russia to a group formed by three Russian investors, reports Digit.ru citing VTB chairman Yury Solovyov. One of the companies is a subsidiary of the Bank of Russia, the second investor is related to Alexander Mordashov, Russian businessman. The size of the deal totals over USD 1.8 billion.

Tags: sell russia stake tele2

 

Activist investor Jana Partners reduces Agrium stake, pleased with changes

2013-10-11 10:13:24| Chemicals - Topix.net

Jana Partners, the New York activist hedge fund that waged a proxy fight against Agrium Inc. , says it has sold down its stake in the fertilizer giant.

Tags: partners investor pleased reduces

 
 

Russian fund, Deutsche Bank to buy joint stake in Rostelecom

2013-10-11 02:00:00| Total Telecom industry news

Companies to plough $238 million in bid to strengthen operator's market position.

Tags: buy bank russian fund

 

Samsung Agrees to Sell Back 9% Stake in Seagate for $1.5 Billion

2013-10-10 05:45:44| Semiconductors - Topix.net

Samsung Electronics Co. , the world's largest maker of memory chips, agreed to sell back a 9 percent stake in Seagate Technology Plc for $1.51 billion.

Tags: back sell samsung billion

 

Otto Energy to withdraw stake from Philippines licence

2013-10-10 01:00:00| Offshore Technology

Australia's Otto Energy is set to withdraw its stake in Service Contract (SC) 69, an offshore exploration licence in the East Visayan basin of the Philippines.

Tags: energy philippines licence otto

 

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