October 2011
2 posts
10 tags
Spain's Liberbank sells 85 pct of Telecable to...
MADRID Oct 18 (Reuters) - Spanish savings bank Liberbank
said on Tuesday it has agreed to sell 85 percent of
telecommunications company Telecable to the Carlyle Group,
cutting the bank’s stake to 15 percent.No financial details of the sale were provided.On Monday, a source told Reuters that Liberbank planned to
raise capital by selling an approximately 70 percent stake in
Telecable worth...
9 tags
UPDATE 1-BP gets upper hand in Russian director...
By Vladimir SoldatkinMOSCOW, Oct 12 (Reuters) - A Russian court is likely to
throw out a $2.8 billion lawsuit against two BP
executives on the board of the British major’s Russian joint
venture, TNK-BP , after a judge denied plaintiffs more
time to secure the necessary shareholder support.Andrey Prokhorov, a minority shareholder in TNK-BP, filed
the lawsuit against Peter Charow and Richard...
