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Jay-Z sells stake in champagne brand to luxury giant LVMH

2021-02-22 17:28:21| BBC News | Business | UK Edition

LVMH said it was interested in the brand for its appeal to a 'global and diverse' customer.

Tags: brand giant luxury champagne

 

BP Sells $2.6 Billion Stake in Oman Gas Development

2021-02-01 14:55:00| OGI

BP said it would continue as an operator of Omans Block 61, which contains a large tight-gas development in the Middle East, with a 40% interest.

Tags: development gas billion oman

 
 

Shell Sells Minority Stake in Queensland Curtis LNG Facilities for $2.5 Billion

2020-12-21 12:08:59| OGI

Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual target for divestments.

Tags: facilities shell billion sells

 

Eutelsat sells 51% stake in Euro Broadband Infrastructure to Viasat

2020-11-19 11:10:00| Telecompaper Headlines

(Telecompaper) Satellite operator Eutelsat has announced the disposal of its 51 percent holding in Euro Broadband Infrastructure (EBI), a subsidiary operating the Ka Sat satellite and providing broadband services on a wholesale basis across European and Mediterranean markets. Viasat, EBI's current co-owner, will take full control of the company for an initial consideration of EUR 140 million. Two years following completion of the deal, the final price of the stake may be adjusted upwards or downwards by up to EUR 20 million, subject to a number of revenue targets over this period. The sale is expected to close during the first three months of 2021.

Tags: to euro infrastructure broadband

 

Hess Sells Stake in Deepwater Gulf of Mexico Field for $505 Million

2020-10-06 00:25:00| OGI

Hess agreed to sell its stake in the Shenzi Field in the deepwater Gulf of Mexico to field operator BHP as it looks to deepen its investment offshore Guyana.

Tags: field million mexico gulf

 

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