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Quicksilver selling stake in Barnett Shale assets

2013-03-30 04:25:08| Energy - Topix.net

Natural gas producer Quicksilver Resources Inc. is selling a 25 percent stake in its Barnett Shale oil and gas assets to a subsidiary of Tokyo Gas Co.

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Quicksilver selling stake in Barnett Shale assets

2013-03-29 15:50:13| Oil & Gas - Topix.net

Natural gas producer Quicksilver Resources Inc. is selling a 25 percent stake in its Barnett Shale oil and gas assets to a subsidiary of Tokyo Gas Co.

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Suncor Energy cancels Voyageur oil sands upgrader project; acquires Totals stake

2013-03-28 18:30:16| Green Car Congress

Tags: project energy oil totals

 

Liberty Global buys 12.65% stake in Ziggo

2013-03-28 09:05:00| Telecompaper Headlines

(Telecompaper) Liberty Global has acquired a 12.65 percent stake in Ziggo, the Netherlands' largest cable operator. Liberty, which already owns the second-largest cable operator UPC Netherlands, bought 25.3 million shares in Ziggo from Barclays for EUR 25 each. Barclays was left with the shares after Ziggo's shareholders Warburg Pincus and Cinven recently sold down their stake in the company in a secondary offering. Liberty said it considered the acquisition a strategic investment as well as a financial gain, given Ziggo's expected 7.4 percent dividend yield this year. Liberty Global is funding the acquisition of Ziggo shares with a non-recourse margin loan and existing liquidity. As it does not result in Liberty Global obtaining a controlling interest in Ziggo, no regulatory approvals are required. Ziggo's board issued a statement noting the acquisition and said it will "continue to focus on executing Ziggo's strategy in the best interests of its stakeholders".

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Belgium mulls offloading Belgacom stake

2013-03-27 01:00:00| Total Telecom industry news

Report says government could raise 230 million by reducing its holding in state-owned telco to 50.1%.

Tags: belgium stake belgacom mulls

 

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