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Millicom divests Tanzania and Ghana operations to complete Africa exit

2021-04-19 10:10:00| Telecompaper Headlines

(Telecompaper) Emerging markets telecommunications group Millicom, owner of Tigo-branded operations across Latin America and Africa, has confirmed agreements to...

Tags: complete africa operations exit

 

New York Pension Fund Divests over $7 Million from Canadian Oil Sands Producers

2021-04-12 21:30:00| OGI

New York State, which has the third-largest pension fund in the U.S. with an estimated valuation of about $248 billion, will continue to invest in oil sands producer Suncor Energy.

Tags: york million oil fund

 
 

rsted Divests 25% Stake in 1,100 MW Ocean Wind Project to PSEG

2020-12-04 15:18:36| OGI

rsted has entered into an agreement on Dec. 4 to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jerseys Public Service Enterprise Group (PSEG).

Tags: to project wind ocean

 

Essity Divests Partly Owned Company in Tunisia

2020-10-21 21:20:24| Nonwovens Industry Breaking News

Company divests 49% stake in Sancella Tunisia to the other owner Sotup

Tags: company owned partly tunisia

 

Teleste divests German Cableway service business to Circet Deutschland

2020-10-05 09:28:00| Telecompaper Headlines

(Telecompaper) Finnish network specialist Teleste said it will divest its Cableway services business in Germany to Circet Deutschland, a subsidiary of the Circet Group, for a preliminary net purchase price of EUR 8 million to be paid in cash at closing. The final purchase price depends on the net working capital and net debt at the closing date. The German Federal Cartel office will have to approve the transaction, which is expected to be completed in Q4.  Teleste revised its strategy earlier this year to focus on technology business operations and services of higher added value that support those operations.

Tags: service business deutschland german

 

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