Diversified Trading & Distributing
Noble Group announces divestiture of Noble Americas Energy Solutions
Noble Group Limited: Noble announces divestiture of noble americas energy solutions for usd 1.05 billion . Consideration for divestiture consists of usd 800 million plus repayment to noble of NAES working capital at closing . operating cash flows from naes will continue to accrue to noble up until...
Hellaby Holdings says equipment sale is now unconditional
Hellaby Holdings Ltd : Sale of its equipment group to Maui Capital's aqua fund for $81 million, is now unconditional . Majority of proceeds from sale of equipment group will effectively fund acquisition of TBS group . Settlement is scheduled to occur on 30 september 2016 .Footwear remains non-core...
India's IOC to pick up initially 39 pct stake in Dhamra LNG Terminal - IOC source
: India's IOC to pick up initially 39 pct stake in Dhamra LNG terminal - IOC source . GAIL to pick up 11 pct stake in Dhamra LNG terminal - IOC source . At a later date, IOC and Adani to give 1 pct each to a financial institution - IOC source (Bengaluru newsroom)...
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