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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

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

Meet the Republicans Likely to Challenge Trump in the 2020 Primary

Those running a primary campaign against a sitting president have little chance of success. The Democratic 2020 primary is a crowded field, but re.....»»

Category: europeSource: fortuneApr 22nd, 2019

Shell (RDS.A) to Divest Non-Op Stake in a GoM Field for $965M

The Caesar Tonga field divestment deal is in line with She.....»»

Category: smallbizSource: nytApr 12th, 2019

Shell sells stake in Gulf of Mexico field for $965 million

Royal Dutch Shell has agreed to sell its stake in the Caesar-Tonga field in the Gulf of Mexico for $965 million in cash to a subsidiary of Israel's Delek Group......»»

Category: topSource: reutersApr 11th, 2019

University of South Alabama lands $5M gift for football stadium

The University of South Alabama has received a $5 million gift for its new football stadium. USA said the playing field at the new Hancock Whitney Stadium will be called Abraham A. Mitchell Field in recognition of Mitchell's $5 million challenge .....»»

Category: topSource: bizjournalsMar 18th, 2019

Bloomberg will not run for president in 2020

Former New York Mayor Michael Bloomberg announced he won’t run for president in 2020, removing a prominent name from an already crowded field of candidates looking to challenge Donald... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 11th, 2019

Upcoming field day events to bring corporate Birmingham out for competition

Saturday is the day to show off some athletic prowess with your coworkers or friends. The second annual Birmingham Field Day benefiting M-Power Ministries is April 21st at Crestwood Park. Also, the fourth annual Chick-fil-A Corporate Challenge man.....»»

Category: topSource: bizjournalsApr 17th, 2018

MGM Resorts Inks $328M Deal for Grand Victoria Casino Sale

MGM Resorts is likely to receive $162 million from the sale as it only holds 50% stake in the Grand Victoria Casino. MGM Resorts International MGM and its venture partner have signed an agreement with Eldorado Resorts, Inc. ERI to sell the Gra.....»»

Category: topSource: zacksApr 17th, 2018

Govt fails to attract bidders, pulls out memo for Pawan Hans disinvestment

The government issues PIM before strategic stake sale to assist the prospective bidders with information about the company to be divested.....»»

Category: topSource: business-standardApr 10th, 2018