By Patrick Werr CAIRO (Reuters) -Egypt’s sovereign wealth fund has signed an $800 million deal to sell a stake in seven prominent hotels to Egypt’s Talaat Moustafa Group (TMG) in …
divestment
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COLOMBO (Reuters) – Sri Lanka has invited bids for state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion International …
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SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which …
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John Kerry Pushes For Divestment From Oil And Gas, Contradicting Biden’s Statements Jack McEvoy on October 25, 2022 President Joe Biden’s climate envoy, John Kerry, said during a Tuesday speech …
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By Nia Williams (Reuters) – Canada’s Teck Resources said on Thursday it could pursue a spinoff or divestment of its stake in the Fort Hills oil sands project if the …
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BUDAPEST – Hungarian OTP Bank’s Russian unit has attracted “serious interest” from potential bidders, but a Russian presidential decree banning the sale of Western banks could complicate any deal, deputy …
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FRANKFURT – Siemens Energy is not currently looking at divesting its wind turbine division Siemens Gamesa as part of a strategic review, its Chief Executive Christian Bruch told journalists on …
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By Ross Kerber BOSTON -Top California pension leaders on Monday offered different takes on whether the state’s big retirement funds should divest from Russian assets in the wake of the …
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By Ross Kerber BOSTON – New York City Comptroller Brad Lander on Sunday said he plans to specify Russian assets for city pension boards to “consider for divestment” in response …