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Church of England divests from coal and tar sands

2015-05-01 13:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The Church of England has committed to divesting from two of the most polluting fossil fuels, thermal coal and tar sands. The organisation argues the Church has a moral responsibility to assist in the transition to the low-carbon economy. The religious institution will no longer make any direct investments in any company that derives more than 10% of its revenue from the extraction or the production of thermal coal or tar sands. The announcement coincides with the adoption of a new climate change...

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Canada Divests Final 4.6% Stake in General Motors

2015-04-08 07:44:47| Automakers - Topix.net

Six years after it helped save General Motors from bankruptcy, Canada is now letting go of its remaining and final 4.6 percent stake in the Detroit-based automaker. It has agreed to sell 73.4 million shares to Goldman, Sachs & Co.

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WCA Waste Buys Haulers, Divests Unit, Adds CNG

2015-04-02 11:00:00| Waste Age

WCA Waste Corp. has acquired several other waste and recycling haulers in core markets, divested its waste-by-rail operations in Ohio and Massachusetts and expanded its investment in compressed natural gas (CNG) vehicle operations. read more

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Permira divests remaining Hugo Boss stake

2015-03-18 15:52:00| Daily apparel & textile news and comment - from just-style.com

Private equity firm Permira has sold its remaining 12% stake in German fashion retailer Hugo Boss just a month after reducing its share for a third time.

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Japan's KDDI divests stake in satellite firm Inmarsat for 840p per share

2015-02-24 15:28:12| IT Services - Topix.net

Japanese telecommunications group KDDI Corporation has sold its entire 4.85 percent stake in satellite communications company Inmarsat for 840 pence per share, the company said on Tuesday. Reuters reported on Monday that KDDI was planning to sell its holding in London-listed Inmarsat.

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