Aramco To Acquire 50% Stake In Refining SASREF
Aramco of Saudi looks to enter refining joint venture by purchasing fifty percent stake in Royal Dutch Shell in Saudi.
Stake
Thomson Reuters & Blackstone Are In Advanced Purchase Talks, Reveal Sources
Sources have informed that Blackstone could buy Thomson Reuter’s F&R stakes for nearly “$17 billion”.
Balfour To ‘Pay Down Borrowing’ By The Sale Proceeds Of Its 12.5% Stake In M25 Motorway
Dalmore Capital Limited to acquire Connect Plus’ 12.5% stakes for “103 million pounds”.
Germany scouring for funds to upgrade its broadband services
While many proposals have called for the government to sell its stake in Deutsche Telekom and utilise the proceeds thereof for upgrading its broadband infrastructure, Merkel’s party is confident that Germany’s economy is strong enough to support a separate 5G network, in addition to its fibre-optic broadband network.
Activist investor White Tale set demands board chairs, independent review of Clariant’s business
Turns out White Tale’s increase of its stake in Clariant was not just to thwart its merger plans with Huntsman, it has a larger game plan.
Saudi Arabia’s Aramco agreeable to sell its private stake to investors
With mounting concerns of its international IPO, Aramco is important for the desert kingdom since it is one of its key vehicles through which it aims to diversify its oil based economy.
Shell’s Strategic Move To Cope With Low Oil Prices
Shell sells 51% stake as the crude price tumbles down.
