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Tag: divest
New York theological college first to divest from fossil fuels
2014-06-11 11:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Union Theological Seminary in New York has become the first institution of its kind to divest its $108.4m (64.57m) endowment from fossil fuels, which it says are a sin for Christians. Writing in Time magazine, president Serene Jones explained some of the reasons that led to the decision to pull out of polluters -- a move that its board of trustees voted for unanimously. As a seminary we are familiar with the scriptural warning that the wages of sin is death, and this could not be more...
Tags: york
college
fossil
fuels
Salamander to divest 40% interest in Thailands Bualuang field
2014-06-06 01:00:00| Offshore Technology
British oil and gas firm Salamander Energy has agreed to sell its 40% working interest in the Bualuang Field, offshore Thailand, along with other concessions to Malaysia-based Sona Petroleum for $280m.
Tags: interest
field
salamander
divest
Broadcom to Divest Cellular Baseband Chip Business | EE Times
2014-06-05 00:40:47| Semiconductors - Topix.net
Broadcom Corp. said it plans to sell or wind down its low-margin cellular baseband business to focus on three key sectors: infrastructure, broadband, and connectivity.
Tags: business
times
chip
cellular
Scotiabank to divest majority of holdings in CI Financial in $2.27B deal
2014-05-29 01:56:18| Furniture - Topix.net
The Bank of Nova Scotia is divesting more than two-thirds of its interest in CI Financial Inc. through a bought deal agreement with a syndicate of underwriters worth at least $2.27 billion.
Tags: financial
deal
majority
holdings
Orkla to divest Delecta to Innova Capital
2014-05-28 01:00:00| Food Processing Technology
Norwegian industrial conglomerate Orkla has signed an agreement to sell Rieber Foods Polska (Delecta) to an investment fund managed by Innova Capital for PLN100m ($32.6m).
Tags: capital
innova
divest
orkla
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