The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.
Tag: Mergers, Acquisitions and Divestitures
How Hunter Biden’s Firm Helped Secure Cobalt for the Chinese
The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles.
Monte dei Paschi di Siena, World’s Oldest Bank, Nears an End
After performing poorly in a stress test, Monte dei Paschi di Siena, founded in 1472, could be swallowed by UniCredit.
Soho China Sells to Blackstone, Cementing Owners’ Exit
The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Now they are selling their real estate business to Blackstone.
Suez Canal Is Open, but the World is Still Full of Giant Container Ships
As global trade has grown, shipping companies have steadily increased ship sizes — but the Suez Canal blockage showed that bigger is not always better.
WeWork Will Go Public in a Merger With a SPAC
The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.
Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza
The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.
TikTok’s Proposed Deal Under Review by Trump Administration
The Chinese-owned app designed a compromise to satisfy U.S. security concerns. The terms are now under review by the Trump administration.
The Woman Taking Over TikTok at the Toughest Time
Vanessa Pappas is keeping a focus on the app’s community of creators and users as it deals with pressure from President Trump, Beijing and a possible sale.
Samsung’s J.Y. Lee Faces New Charges
Lee Jae-yong stands accused of stock price manipulation and other offenses as he sought to tighten his control over the major corporate empire.