Tag Archives: divested

Shell divested 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for US$1.4 billion

Shell has completed the sale of a 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for a total amount of JPY159 billion (approximately US$1.4 billion). Completion follows anti-trust approval from the Japan Fair Trade Commission. THE … Read the full press release

RWE Gas International B.V. sold its 49.83% stake in FOGÁZ Group to MVM Hungarian Electricity Private Limited Company for HUF 41 bn

Essen, Germany, 23-12-2013 — /EuropaWire/ — MVM Hungarian Electricity Private Limited Company and RWE Gas International B.V. signed an agreement today governing the acquisition of RWE’s 49.83% stake in FOGÁZ for a purchase price of HUF 41 bn. Closing of the … Read the full press release

DONG Energy announced it divested ownership interest in municipal utility company Stadtwerke Lübeck GmbH

12-7-2013 — /europawire.eu/ — On 14 May 2012, DONG Energy announced considerations about its future involvement in the municipal utility company Stadtwerke Lübeck GmbH. DONG Energy has a 25.1 % stake. Whilst still subject to certain conditions including merger control clearance in Germany, … Read the full press release