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Woodside holds on to stake in Senegal oil field as FAR challenge fails

ConocoPhillips' sale of a stake in a $4.2 billion Senegal oil and gas project to Woodside Petroleum has been cleared by an international tribunal, resolving a long-running challenge by Australian partner FAR Ltd ......»»

Category: topSource: reutersFeb 13th, 2020

The Wall Street Journal: Sprint, T-Mobile tweak merger terms to give Deutsche Telekom bigger stake

Sprint Corp. and T-Mobile US Inc. have agreed on new terms for their merger, as the wireless carriers race to close the deal after overcoming a federal court challenge......»»

Category: topSource: marketwatchFeb 20th, 2020

The Wall Street Journal: Sprint, T-Mobile near merger tweak that would give Deutsche Telekom bigger stake

Sprint Corp. and T-Mobile US Inc. are close to agreeing on new terms for their merger, according to people familiar with the matter, as the wireless carriers race to close the deal after overcoming a federal court challenge......»»

Category: topSource: marketwatchFeb 20th, 2020

Social Capital chief"s Virgin Galactic stake has tripled to over $1B this year

Some of Elon Musk's luck may have rubbed off on Social Capital founder Chamath Palihapitaya, whose stake in Virgin Galactic Holding Inc. has more than tripled to top $1 billion this year. Palihapitaya holds the stake after the Palo Alto-based blank-.....»»

Category: topSource: bizjournalsFeb 20th, 2020

Deutsche Bank welcomes Capital Group with 3.1% stake

Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its largest shareholders......»»

Category: topSource: reutersFeb 6th, 2020

Yangtze Memory gearing up for transition to 128-layer 3D NAND flash

Memory startup Yangtze Memory Technology (YMTC), in which China's state-owned Tsinghua Unigroup holds a controlling stake, has reiterated plans to transition directly from 64-layer to 128-layer 3D NAND flash manufacturing......»»

Category: topSource: digitimesJan 21st, 2020

Dave & Buster"s skyrockets 16% after private equity fund KKR says it"s pushing for changes at the chain (PLAY)

Flickr/Mike Mozart On Friday, private equity giant KKR said in an SEC filing that it is pushing for changes at Dave & Buster's, of which it holds a 10.7% stake.  Dave & Buster's stock skyrocketed as much as 16% Friday.&nb.....»»

Category: topSource: businessinsiderJan 17th, 2020

Tesla"s largest outside investor reportedly discussed selling part of its stake last year (TSLA)

Mark Brake/Getty Images Baillie Gifford, the Edinburgh-based fund management company that holds a 10% stake in Tesla, last year commissioned an internal report reviewing that position, Th.....»»

Category: topSource: businessinsiderJan 13th, 2020

South Africa"s Grand Parade loses appetite for Burger King

Grand Parade Investments (GPI) Ltd , which holds the Burger King franchise in South Africa, said on Wednesday it was in talks to sell a stake in the business, without giving a reason......»»

Category: topSource: reutersDec 4th, 2019

Grab CEO says the company can go public "once we"re profitable"

Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn't go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab......»»

Category: topSource: moneycentralNov 15th, 2019

Paine Field airport stake acquired by state pension fund manager

The deal means all public workers will share a piece of the facility's future operational and financial success......»»

Category: topSource: bizjournalsOct 1st, 2019

Luxury group Kering launches bonds that can be changed for Puma shares

French luxury goods group Kering said it was launching an offer of bonds that could be exchanged for shares in Puma , in which Kering already holds a 15.7% equity stake, to the tune of 500 million euros ($549.8 million)......»»

Category: topSource: reutersSep 25th, 2019

Vivendi holds onto Mediaset stake as withdrawal right deadline expires: sources

Vivendi has decided not to exercise withdrawal rights over its Mediaset holding as a deadline to liquidate the stake in the Italian broadcaster expired at the weekend, two sources close to the matter said on Monday......»»

Category: topSource: reutersSep 23rd, 2019

Austria"s AMS holds nearly 3% of shares in Germany"s Osram

Austrian sensor specialist AMS is actively buying Osram shares and currently holds a stake of almost 3% in the German lighting group, its chief executive said on Monday......»»

Category: topSource: reutersSep 16th, 2019

Bernie Sanders campaign fails to pay field workers $15 an hour

Bernie Sanders’ staffers say they aren’t paid $15 an hour.....»»

Category: topSource: moneycentralJul 22nd, 2019

Delta plays "white knight" in Korea

Delta Air Lines bought a small stake in Korean Air Lines' parent company, giving a boost to the Korean carrier's management that seeks to thwart a local activist fund's challenge. Fred Katayama reports......»»

Category: videoSource: reutersJun 21st, 2019

"White Knight" Delta buys stake in Korean Air parent, dampens activist threat

Delta Air Lines bought a small stake in Korean Air Lines Co's parent company and said it wants to increase it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart a local activist fund's challenge......»»

Category: topSource: reutersJun 21st, 2019

Delta buys stake in Korean Air parent, may help avert activist threat

Delta Air Lines bought a 4.3% stake in Korean Air Lines Co's parent company and said it wants to raise it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart a local activist fund's challenge......»»

Category: topSource: reutersJun 20th, 2019

Sitronix subsidiary debuts on Taiwan emerging stock market

Sensor component specialist Sensortek Technology, in which Sitronix Technology holds a 50.44% stake, started trading on Taiwan's emerging stock market on June 18......»»

Category: topSource: digitimesJun 19th, 2019

Exxon"s profit tumbles 49 percent amid higher spending

Exxon's first-quarter profit fell 49% to $2.35 billion as it stepped up spending on exploration and production in west Texas. Global production rose 2%. A year ago, the results were buffed by sale of a stake in an offshore Australia natural gas field......»»

Category: topSource: moneycentralApr 26th, 2019

Exxon"s profit tumbles 49 percent amid higher spending

Exxon's first-quarter profit fell 49% to $2.35 billion as it stepped up spending on exploration and production in west Texas. Global production rose 2%. A year ago, the results were buffed by sale of a stake in an offshore Australia natural gas field......»»

Category: topSource: moneycentralApr 26th, 2019