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Goldman Sachs, ATP and PFA to buy 26% stake in DONG Energy

2013-10-03 01:00:00| Power Technology

Goldman Sachs and the Danish pension funds Arbejdsmarkedets Tillaegspension (ATP) and PFA Pension Forsikringsaktieselskab have reached an agreement with DONG Energy and the Danish Ministry of Finance to invest DKK11bn ($2bn) to buy a 26% stake in DON

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Avnet grabs majority stake in German tech firm

2013-10-02 16:52:45| Electronics - Topix.net

Avnet Inc. , a Phoenix-based global electronic components distributor, announced today it has acquired a majority interest in MSC Investoren GmbH as the first step in a two-part transaction to fully acquire the German company.

Tags: tech firm german majority

 
 

Drug maker Transcept rejects Shkreli play to boost ownership stake

2013-10-01 04:47:27| Biotech - Topix.net

Transcept Pharmaceuticals Inc. rejected a request from Retrophin Inc. to triple its ownership stake in the Richmond drug developer from 4.9 percent to up to 15 percent.

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Theres Much at Stake for VW and UAW at Chattanooga Plant

2013-09-30 22:42:09| AutomotiveDigest.com - Automotive Industry News

Theres a lot at stake in Chattanooga, Tenn. Volkswagen may become the first transplant automaker in the south to have its workers vote in a United Auto Workers contract. UAW has been flexible to move forward, talking to VW management about setting up a works council like it has in Germany. The union would love to see workers break the barrier and bring contract negotiations to the south where several foreign automakers have set up shop. Theyre making wages similar to what Detroit 3 paying, but it would cost transplant automakers a lot more if the union enters the picture. VW wants to be the leading global automaker in sales and is counting on US market to get there. Check out some of the strategic issues being faced by VW, UAW, and the assembly plant workforce. The Article Theres Much at Stake for VW and UAW at Chattanooga Plant appeared first on Automotive Digest.

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Harvest Natural may sell Gabon stake for $137M

2013-09-30 15:38:38| Oil & Gas - Topix.net

The Houston-based energy company said Monday that its subsidiary, HNR Global Holding BV, is in negotiations with Vitol SA regarding its approximately 66.7 percent interest in the Dussafu Marine Permit PSC.

Tags: sell natural gabon harvest

 

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