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Tata Steel may sell stake in group cos to Tata Sons

2013-06-25 08:41:39| Steel - Topix.net

The attempt would be to raise Rs 7,200 crore or $1.2 billion, say bankers. Tata Steel owns 5.6 per cent in Tata Motors, worth Rs 5,014 crore at on Monday's close, apart from stake in other Tata Group companies .

Tags: group sell steel sons

 

Sinopec to buy stake in Marathon Oil's offshore field in Angola

2013-06-25 01:00:00| Offshore Technology

China Petrochemical's (Sinopec) subsidiary Sonangal Sinopec International has agreed to acquire a ten percent stake in US-based Marathon Oil's offshore field in Block 31 in Angola for $1.52bn.

Tags: buy field angola offshore

 
 

Kimco Increases Stake in Joint Venture, Blackstone Buys Remaining 67% Interest

2013-06-24 19:01:00| National Real Estate Investor

Both transactions were based on a gross purchase price of $1.1 billion, including $631 million in assumed debt. read more

Tags: interest remaining joint increases

 

Singapore Airlines to Increase Stake in Virgin Australia

2013-06-24 03:15:19| Airlines - Topix.net

Singapore Airlines has welcomed confirmation from Australia's Foreign Investment Review Board that it will not object to the airline's proposed increase of its stake in Virgin Australia to 19.9 percent.

Tags: increase australia singapore virgin

 

Dalian Wanda Group to buy 91.81% stake in British yacht maker Sunseeker

2013-06-20 01:00:00| Ship Technology

China-based Dalian Wanda Group has signed an agreement to acquire a majority stake in British luxury motor yacht manufacturer Sunseeker International for 320m.

Tags: group buy british maker

 

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