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Linn Energy secures $1.5bn funding, sells remaining Permian oil assets for $281m

2015-07-07 01:00:00| Hydrocarbons Technology

US based Linn Energy has finalised deal with Quantum Energy Partners and GSO Capital Partners to provide $1.5bn to fund acquisitions and development of acquired oil and gas assets.

Tags: energy oil remaining funding

JP Acquires Remaining Share of Gould

2015-07-02 05:40:44| Paper - Topix.net

July 1, 2015 - Japan Pulp and Paper announced the acquisition of the remaining 49 percent of the outstanding shares of Gould Paper . The acquisition was effected through JP's consolidated U.S. subsidiary, Japan Pulp and Paper , and makes Gould a wholly-owned subsidiary within the JP Group.

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Starbreeze AB: Starbreeze acquires remaining shares in Payday...

2015-07-01 09:49:02| Appliances - Topix.net

Starbreeze AB, an independent creator, publisher and distributor of high quality entertainment products, today announced its acquisition of the majority interest in US company Payday Productions LLC, a movie SPV company in Nevada, for a consideration of 330,000 USD in cash. Previously, Bo Andersson Klint, CEO of Starbreeze, and Ulf Andersson, a former creative director of Starbreeze, have agreed to transfer their direct and indirect minority interests in Payday Productions LLC to Starbreeze without remuneration, subject to Starbreeze acquiring the external majority.

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Nortel bankruptcy: $7.3B in remaining assets to be split among subsidiaries

2015-05-13 04:06:11| Telecom - Topix.net

Since its fall, Nortel broke apart and sold off various chunks of its business, including patents and wireless technology. The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada's tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday.

Tags: remaining split assets subsidiaries