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Indonesias Pertamina looks to buy stake in Abadi FLNG project

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

Indonesian state-owned oil and natural gas company Pertamina is reportedly considering buying a stake in the Abadi floating liquefied natural gas (FLNG) project located in the 3,221km Masela block in the Arafura Sea.

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Delek in talks to buy additional stake in offshore Cyprus gas field from Noble Energy

2015-06-02 01:00:00| Offshore Technology

Israel-based Delek Group is in discussions with Noble Energy International to buy an additional 19.9% stake in Block 12 offshore Cyprus gas field Aphrodite for $155m.

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Tencent to buy 14.6% stake in Glu Mobile - report

2015-04-30 09:49:00| Telecompaper Headlines

(Telecompaper) Chinese internet and mobile services firm Tencent agreed to buy 14.6 percent of mobile game developer Glu Mobile for USD 126 million to expand in the US gaming market, according to Reuters. Tencent owns 'League of Legends' developer Riot Games and has a stake in Activision Blizzard, the owner of the 'Call of duty' franchise. Tencent will pay USD 6 per share for its stake in Glu Mobile. The shares will be purchased in two tranches, one of 12.5 million shares on 29 April followed by another one of 8.5 million some time in the second quarter. Glu Mobile's board were provided with a fairness opinion from Cowen and Co in connection with the deal. 

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Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 04:34:07| Food - Topix.net

Saudi Arabia's state-owned agricultural investment firm and U.S. grain trader Bunge Ltd will buy a controlling stake in Canadian grain handler CWB in a bold move by the Gulf state to secure food supplies. G3 Global Grain Group, a joint venture of Bunge and Saudi Agricultural and Livestock Investment Co , said on Wednesday it will buy a 50.1 percent stake in CWB for C$250 million .

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Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 04:34:06| Food - Topix.net

Farmers harvest their wheat crop during sunset on the Canadian prairies near Vulcan, Alberta, in this file photo taken September 7, 2011. A state-owned Saudi Arabian company is joining U.S. grain trader Bunge Ltd to buy a majority stake in Canadian grain handler CWB for C$250 million .

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