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HBC sells European joint venture and mulls take-private bid

2019-06-10 17:09:00| Daily apparel & textile news and comment - from just-style.com

Canadian retailer Hudson's Bay Company (HBC) has inked a deal to sell its remaining European real estate and divest the related retail joint (JV) for CAD1.5bn (US$1.13bn) amid the news a group of its shareholders wants to take the company private.

Tags: european bid joint venture

 

Shell, Gazprom Neft Form Joint Venture For Oil Fields In Yamal

2019-06-06 15:56:34| OGI

The fields are estimated to hold reserves of about 1.1 billion tonnes of oil.

Tags: form fields oil joint

 
 

Russia clears e-commerce venture for Alibaba, Megafon, Mail.ru

2019-06-06 09:09:00| Telecompaper Headlines

(Telecompaper) The new business will be based on Alibaba's e-commerce business AliExpress in the country and the Mail.ru Group platform and operate under the name AliExpress Russia. The joint venture's board will include representatives of Megafon, Mail.ru group, Alibaba Group and RFPI. Two CEOs will manage the company, one nominated by Alibaba Group and the other by Mail.ru Group.

Tags: russia venture alibaba ecommerce

 

Venture Global LNG, Stonepeak Announce $1.3 Billion Investment In Calcasieu Pass

2019-05-28 17:51:53| OGI

Export facility now has $2.2 billion in committed capital.

Tags: global pass investment billion

 

CEO: Renewables Venture Total Eren Growing Faster Than Expected

2019-05-14 16:09:32| OGI

Total spent $267 million on a 23% stake in 2017, with an option to take full control in 2022, and recently increased its holding to 30% after a capital increase to fund Total Eren's acquisition of NovEnergia.

Tags: total expected growing faster

 

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