Spain’s Endesa in talks to divest stake in renewables unit
Endesa, a Spanish power company, is reportedly in the final stages of negotiations to sell shares in its renewable…
Browsing Tag
stakes
Macquarie, Federated Hermes mull trimming UK’s Cadent stake
The Macquarie Group and U.S. based Federated Hermes are considering a collective sale of their stakes in UK's gas…
Egypt to sell shares in five or six state firms end-June 2020: PM
Egypt will sell stakes in five or six state-owned enterprises at the end of June 2020 to encourage private sector…
Emirati Al Abbar, Saudi investors buy 25% of Eastern Company stakes in bourse
Emirati Mohamed Alabbar and other Saudi Arabian investors have acquired more than 25 percent of the listing made…
Egypt to offer 4.5 % of in state-owned Eastern Tobacco next week
Egypt’s Public Enterprise Sector Minister Hisham Tawfik announced the resumption of a programme to sell stakes in…
Banque Du Caire among 23 Egyptian state-run firms set to float stakes
Egypt announced on Sunday the names of 23 state-owned companies it will offer stakes in beginning this year, part…
SoftBank acquires 15% stake in Uber, pumps in $1 bn in early 2018
Japanese conglomerate SoftBank will pick up 15 per cent stake in Uber and pump in $1 billion as primary…
EL-Garhy eyes investing in chemicals sector amid exiting Solb Misr Group
Egyptian businessman Gamal El-Garhy -Head of Misr National Steel Company (Ataqa)- plans to invest in chemical…
Verizon sale leaves Yahoo investors betting on a stub
Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its…
Kuwait set to sell minority stakes in oil-company units
Kuwait is taking steps to sell minority stakes in units of the state oil producer as the Middle Eastern government…
