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Axiata to acquire 80% stake in Ncell for USD 1.3 bln

2015-12-21 09:33:00| Telecompaper Headlines

(Telecompaper) Malaysia-based Axiata Group has agreed to buy Nepalese mobile operator Ncell from TeliaSonera. Axiata thus expands its regional footprint, entering the Nepalese market. Through its subsidiary Axiata Investments (UK), Axiata has entered into a conditional agreement with TeliaSonera and SEA Telecom Investments for the 100 percent acquisition of Reynolds Holdings for USD 1.365 billion. This provides Axiata with an 80 percent equity interest and controlling stake in Ncell.

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ADM to acquire 50% stake in Egyptian firm Medsofts Group

2015-12-16 01:00:00| Food Processing Technology

Archer Daniels Midland Company has signed an agreement to acquire 50% stake in Medsofts Group, Egypt-based privately held firm.

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Fairfax and Changi in talks to acquire stake in GMR's airport business

2015-12-08 01:00:00| Airport Technology

Fairfax Financial in Canada and Singapores Changi Airport are reportedly in preliminary talks to acquire a minority stake in Indian firm GMR's airport business.

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Kinder Morgan and Brookfield to acquire third partner stake in Natural Gas Pipeline

2015-12-01 01:00:00| Hydrocarbons Technology

Kinder Morgan (KMI) and Brookfield Infrastructure Partners have signed an agreement to jointly acquire the 53% stake in Natural Gas Pipeline Company of America (NGPL) from the partner Myria Holdings for $242m.

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Enbridge to acquire 24.9% stake in 400MW UK offshore wind project Rampion

2015-11-06 01:00:00| Power Technology

Canada-based energy giant Enbridge has signed an agreement to acquire 24.9% stake in the 400MW Rampion wind project with E.on for C$750m ($569.8m).

Tags: project wind acquire offshore

 

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