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Tag: stake sale
Rosneft completes sale of 20% stake of Taas-Yuryakh Neftegazodobycha to BP
2015-12-01 01:00:00| Hydrocarbons Technology
Rosneft has completed the previously announced transaction to sell a 20% stake of Taas-Yuryakh Neftegazodobycha (Taas) to BP, creating a new joint venture (JV) in Eastern Siberia.
Royal Mail stake sale raises 591m
2015-10-13 09:47:37| BBC News | Business | UK Edition
The government says it has raised 591.1m from selling its final stake in Royal Mail, bringing the total amount raised to 3.3bn.
Yealands Wine Group plumps for majority stake sale over IPO
2015-07-02 13:58:00| Daily beverage news and comment - from just-drinks.com
Yealands Wine Group has stepped back from launching an IPO, preferring instead to sell an 80% stake to electricity network owner and operator Marlborough Lines.
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Lululemon stake sale could be long-term positive
2015-06-12 12:47:00| Daily apparel & textile news and comment - from just-style.com
A move by Lululemon founder Chip Wilson to sell his US1.2bn stake in the yoga wear firm would be a long-term positive, one analyst believes.
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Sale of PT Portugal's stake to Altice becomes effective
2015-06-02 22:41:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi has announced that the sale by Oi of all shares issued by PT Portugal to Altice Portugal became effective on 02 June. Altice Portugal disbursed the total amount of EUR 5.789 billion for the acquisition of PT Portugal, of which EUR 4.920 billion were paid in cash to Oi and EUR 869 million were allocated to immediately repay outstanding indebtedness of PT Portugal in euros. The final purchase price is subject to post-closing adjustments to be calculated within the next months as a result of changes in the cash, indebtedness and working capital positions on the closing date. French telecom holding company Altice said had now closed the EUR 7.4 billion acquisition of Portugal Telecom's assets in Portugal.
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