Lotte Group had planned to sell its entire 58.5 percent stake to
JKL Partners, but decided to hold onto a 5 percent stake in the non-life insurer.
The official said GAIL has finally fallen in line and a decision taken to let ADB sell stake to
any of the other interested parties.
Papua New Guinea energy company Oil Search Ltd launched a fight to contest French oil giant Total SA's purchase of a 40 per cent stake in PNG's biggest undeveloped gas field.The dispute surrounds stakes in the Elk and Antelope fields, coveted because the gas could be used either for a possible expansion of a $19 billion liquefied natural gas (LNG) project that ExxonMobil Corp is building with Oil Search, or for a rival project.Oil Search recently bought into the Elk and Antelope fields, controlled by PNG's InterOil Corp, which this week signed a final agreement selling down its stake to
Qatar National Bank has acquired an additional 49.96 percent stake of Tunisian Qatari Bank, bringing its ownership stake to
99.96 percent, pending regulatory approval, the lender said.
The report also said that Russian billionaire Suleyman Kerimov was set to buy a separate 3.88 percent stake in Bank of Moscow from Goldman Sachs Group Inc (NYSE: GS), which initially had planned to sell the stake to
To prevent all the enclosed stems from gathering together, run the twine from number one stake to
number three, then from stake five to stake two, and so on.
'By increasing the minimum unit stake to
50p, we are giving the smaller staking punter a much better chance of winning the bet, especially when there is a big rollover, which is historically when the big syndicates get involved.'
Sink the 8-foot stakes about 1 1/2 feet into soil, one on either side of the path, then position and secure the top stake to
them with wire.
The deal with Henry McCance for 50 of the media company s 750 units in New England Sports Ventures (NESV), which owns the Major League Baseball team, reduces the Times s stake to
16.6 percent from 17.75 percent.
Singapore Telecommunications Ltd (SingTel) has announced that it has purchased a 45% stake in Pacific Bangladesh Telecom Ltd for USD118m, with an option to raise its stake to
60% between 1 April 2007 and June 2007.
EADS, which is buying BAe's 20% stake to
give it full control of Airbus, said no-one could know whether the A380 would face further hurdles.