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Exclusive: Exxon, Shell close to selling California oil and gas venture Aera – sources

Exclusive: Exxon, Shell close to selling California oil and gas venture Aera – sources Register now for FREE unlimited access to Reuters.com register Firms in advanced talks to sell Aera oil and gas venture Shell has sought to exit aging California operation since 2021 HOUSTON/NEW YORK, Aug 31 (Reuters) – Exxon Mobil Corp (XOM.N) has …

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Indian billionaire Adani seeks to control NDTV; media group says move without consent

India’s richest man, Adani, seeks to expand media business NDTV says Adani unit moved without its consent Adani takeover may not be friendly -legal expert Deal to buy NDTV could heat up competition among billionaires BENGALURU, Aug 23 (Reuters) – Indian billionaire Gautam Adani’s conglomerate on Tuesday said it seeks to control a majority stake …

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Buffett’s Berkshire Hathaway wins OK to buy 50% Occidental stake

The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com register FERC says higher stake consistent with the public interest Berkshire has 20.2% Occidental stake, plus preferred stock Occidental shares rice nearly 10% Aug 19 (Reuters) – A US energy regulator …

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Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Tencent seeks to kick off Meituan stake sale this year-sources Sale seeks to placate regulators, monetise 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings …

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SoftBank’s Alibaba sale could end breakup taboo

Japan’s SoftBank Group Corp Chief Executive Masayoshi Last attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register LONDON, Aug 10 (Reuters Breakingviews) – Masayoshi Son is thinking the unthinkable at SoftBank Group (9984.T). His $63 billion technology and telecom empire will slash its …

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Nigeria’s Buhari grants consent to Seplat’s buy of Exxon Mobil’s Nigeria unit

ABUJA, Aug 8 (Reuters) – Nigerian President Muhammadu Buhari has granted consent to the acquisition of Exxon Mobil’s Nigerian unit by Seplat Energy (SEPLAT.LG), in a $1.28 billion deal announced in February. Buhari, who doubles as oil minister, granted ministerial approval to the deal, the presidency said in a statement on Monday. Exxon and Seplat …

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Spirit ends sale to Frontier as JetBlue talks continue

July 27 (Reuters) – Spirit Airlines Inc (SAVE.N) canceled its $2.7 billion sale to Frontier Group Holdings Inc (ULCC.O) on Wednesday after Spirit balked at supporting it, leaving JetBlue Airways Corp (JBLU.O) with an opening to clinch a deal. The development, first reported by Reuters on Wednesday, came after Spirit pushed back a shareholder vote …

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Starbucks says it’s not in formal sale process for UK business

July 16 (Reuters) – Starbucks Corp is not in a formal sale process for its UK business, a company spokesperson said in a statement after The Times reported earlier on Saturday that the coffee chain is exploring a sale of the UK operations. read more According to the Times report, Starbucks has not initiated a …

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Israel sells Haifa Port to India’s Adani Ports, Israel’s Gadot for $1.2 bln

A port worker uses his mobile phone as he rests next to a cargo ship docked at the Port of Haifa, Israel August 8, 2021. Picture taken August 8, 2021. REUTERS/Nir Elias Register now for FREE unlimited access to Reuters.com register JERUSALEM, July 14 (Reuters) – Israel said on Thursday it will sell Haifa Port, …

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Ben & Jerry’s sues parent Unilever to block sale of Israeli business

NEW YORK, July 5 (Reuters) – Ben & Jerry’s on Tuesday sued its parent Unilever Plc (ULVR.L) to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values ​​to sell its ice cream in the occupied West Bank. The complaint filed in the US District Court in …

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