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Tag: divest
SSAB has received EC approval to divest Tibnor Oy to Ovako AB as...
2015-02-10 05:01:24| Appliances - Topix.net
SSAB has received approval from the European Commission to sell Tibnor Oy, Finland to Ovako AB. This transaction is part of the divestment remedies that the European Commission deemed necessary for the combination of Rautaruukki with SSAB.
Norway asked to divest from company linked to Malaysian official
2015-02-04 00:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Activists have petitioned the world's largest sovereign wealth fund to drop its investment in a company they say is linked to large-scale corruption in the Malaysian state of Sarawak. In a letter published this week, the Switzerland-based Bruno Manser Fund (BMF) and Norway-based FIVAS recommended that Norway's Government Pension Fund Global sell its $11 million stake in Cahya Mata Sarawak (CMS), a Sarawak-based infrastructure majority-owned by relatives of former Sarawak chief minister and current...
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Exclusive: Sysco, US Foods offer to divest 11 facilities to win FTC deal approval
2015-01-31 01:25:02| Food - Topix.net
Food distributor Sysco Corp and its biggest rival, US Foods Inc , have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are the only companies with the geographic reach to offer nationwide contracts to deliver a wide range of goods to customers ranging from hotel chains to hospitals to fast food chains and fine restaurants.
Tags: offer
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Harvard increas fossil fuel investment despite call divest
2015-01-15 13:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The worlds richest university Harvard has invested ten of million of dollars in fossil fuel companies during the third quarter of 2014 despite calls for divestment from the institutions students and staff. The figures have led to several faculty members voicing their concern that investment returns are being justified at any cost, even if it negatively impacts the universitys students. According to the Guardian, Harvard has increased its investment in fossil fuel companies from $11.8 million...
Tags: call
investment
fuel
harvard
Stanford professors urge school to divest holdings from all fossil fuel companies
2015-01-13 14:05:00| American School & University
300 Stanford professors, including two Nobel laureates, sent a letter to the University outlining the threat climate change poses to the earth and how fossil fuel holdings increase that threat. Content Classification: Curated read more
Tags: school
companies
fuel
holdings
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