The Hybrid Shop LLC (THS) has sold a 38% stake in its hybrid and electric vehicle conditioning business to an equity partner. Although THS declined to identify the equity partner, the company says it is a Northern Virginia investment firm ...
Tags: Equity Interest, electric vehicle conditioning business, Auto
Quiksilver Inc. reached a definitive agreement to sell its majority stake in online retailer Surfdome to Surfstitch of Australia for net proceeds of approximately (US)$16 million for its equity interest, loans and other amounts due from ...
Tags: Quiksilver, Surfdome, Sporting Goods
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Royal Vopak (Vopak) announces it has signed an Equity Transfer Agreement with Xianglu Petrochemical (Zhangzhou) Co., Ltd. (Xianglu) in Fujian province, China. The agreement comprises Vopak’s acquisition of a 30% equity interest in ...
The UAW Retiree Medical Benefits Trust (Trust) is pleased to confirm that an agreement has been reached between the Trust's Independent Fiduciary and Fiat North America LLC regarding a purchase of the Trust's entire equity interest in ...
Tags: UAW Retiree Medical Benefits Trust, Fiat, equity interest, Chrysler Group
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in the Oleoducto Central S.A. ("OCENSA") oil pipeline in Colombia for a ...
Tags: pipeline
Summit Midstream Partners, LLC ("Summit Investments"), the privately held company that owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP), announced today that it has executed a definitive agreement with ...
Norwegian Energy Company (UK) Ltd, a fully owned subsidiary of Norwegian Energy Company ASA, has entered into an agreement to sell 35 percent of UK license P2032 to Total E&P UK. After this transaction, Noreco will keep a 15 per cent ...
Talisman Energy Inc. (Talisman) (TSX:TLM)(NYSE:TLM) today announced that two of its affiliates have reached agreement to sell their approximately 12% equity interest in the Ocensa Pipeline in Colombia to an investment group led by Advent ...
Earnings from FPSO will expect to add to bottomline from FY14. Group continues to realign resources to provide Project Management, engineering and construction services in fixed and floating production facilities sector EOC Limited ...
Tags: FPSO, EOC, floating production, offshore production, O&G, oil
Suntech Power Holdings has announced that on November 14, 2013, liquidators passed a sole shareholder's resolution placing Power Solar System (PSS), an immediate subsidiary of the company, into liquidation pursuant to the Insolvency Act of ...
Tags: Suntech, Power Solar System
Africa Oil Corp. ("Africa Oil" or the "Company") would like to provide the following operational update on its activities in Kenya and Ethiopia. Drilling operations continue with strong community support in the South Lokichar basin in ...
PHI Group, Inc. announced that the Company has signed a business cooperation and investment agreement in conjunction with a letter of intent to acquire a 65% equity interest in Nord Energy Co. Ltd. ("NE"), a Vietnam-based company with ...
Tags: Kinetic Power Supply, LED Power
For fiscal fourth-quarter 2013 (to end-September), Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and solar power markets, has reported revenue of $43.1m, down ...
Tags: Emcore, Electrical, Electronics
Lara Exploration Ltd. (TSX VENTURE:LRA) and privately held Kiwanda Mines (NA) LLC of Lake Oswego, Oregon have entered into a letter of intent with Nebo Capital Corp. of Vancouver, British Columbia whereby Nebo will acquire the interests of ...
Tags: Lara, Kiwanda, Nebo, acquire interests, sell interests