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inside russia: How the Rosneft Deal Went Down
Saint Petersburg :: Russia | 7 months ago
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October 24, 2012 (Issue # 1732) Rosneft will buy BPs 50 percent stake inTNK-BP for$17 billion plus 13 percent ofRosneft, andwill purchase theAAR consortiums 50 percent stake for$28 billion...After all, Rosneft received most ofYukos after its CEO,
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GM, Ford retiree trusts' shortfalls expanded in 2011: filings
Rome :: Italy | 7 months ago
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A fund that covers medical costs for General Motors Co's unionized retirees said its funding shortfall widened last year partly as a result of the declining value of its investments in GM, government documents show. The trust has a 10.2 percent stake
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Borneo seeks full return of investment in Bumi Plc.
Born :: Germany | 7 months ago
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US$1 billion after the Bakrie Group proposed to dissolve two joint ventures holding a total of 46.7 percent of London-listed Bumi Plc. PT Bakrie & Brothers and Long Haul Holdings Ltd, both controlled by the Bakrie family...Bakrie Group agreed last
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Weichai Power buys Kion stakes
Weifang :: China | 9 months ago
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Chinese automotive and equipment manufacturing company Weichai Power Co Ltd said on Monday that it will pay 738 million euros ($928 million) for a stake in German forklift truck maker Kion Group GmbH and its hydraulics subsidiary, the largest direct
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$3 billion share in Australian LNG plant at auction
Canberra :: Australia | 11 months ago
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Australia's Origin Energy and U.S. company ConocoPhillips will auction a $3 billion stake in their LNG plant. The money raised from the sale of a share in the joint venture's Australia Pacific LNG plant at Gladstone and its associated coal-seam gas
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Asia's richest man cleverly sidesteps possibility of family feud
Asia :: Philippines | 12 months ago
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Octogenarian Hong Kong billionaire Li Ka-shing mapped out a succession plan for one of Asia's biggest family empires, ensuring a smoother transition for the Cheung Kong group than that of real estate rival Sun Hung Kai Properties .
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DealBook: In the Persian Gulf, Struggling to Adapt as Deals Dry Up
Abu Dhabi :: United Arab Emirates | 12 months ago
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In light of the new reality, Shuaa Capital, an investment company with a 30-year history, is one of several regional firms making sweeping changes to cut costs. Everything that could possibly go wrong has already happened to us, and we're still here,
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Abu Dhabi fund Aabar now owns 53-percent stake in Arabtec
Dubai :: United Arab Emirates | 1 year ago
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Abu Dhabi fund Aabar Investments has acquired a 53-percent stake in Arabtec Holding , a market official said on Sunday, effectively taking control of the builder after a failed $1.7 billion bid two years ago. The state-owned fund, which owns stakes
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Sembcorp acquires power assets in China for $85.5m
Singapore :: Singapore | 1 year ago
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Sembcorp Utilities, a whollyowned subsidiary of SGX-listed Sembcorp Industries has signed a transaction with the New York-listed AES Corp to acquire part of its power asset portfolio in China for S$106.7 million ($85.5 million), according to the
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BPCL to take 21 percent stake in Kannur airport
Kannur :: India | 1 year ago
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Kannur in north Kerala for Rs.170 crore, the Kerala government said Friday. In the first phase of allotment, the state government has decided to issue share capital to the tune of Rs.784 crore. Of this, its share would be 26 percent, said Kerala's
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