(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 2P reserves, carbon capture, carbon storage, carbon storage facility, Centrica, Chris O’Shea, CO2 emissions, Cygnus gas field, decommissioning liabilities, Energy Portfolio, energy transition, gas fields, gas production, Ithaca Energy, Morecambe Net Zero, natural gas, North Morecambe gas field, partnership, South Morecambe gas field, Spirit Energy, strategic divestment, sustainability
(IN BRIEF) Mutares SE & Co. KGaA has placed 910,000 shares—about 17% of Steyr Motors AG’s outstanding shares—through an accelerated bookbuilding process, raising EUR 30.9 million. This follows a recent German legislative change to bolster domestic defense, which helped spark … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Technology
Tagged 40.1% stake, accelerated bookbuilding, capital markets, defense sector, EBIT margin, engine manufacturing, equity markets, EUR 30.9 million, EUR 74 million, free float increase, German defense industry, Germany Basic Law amendment, investor confidence, JLPGA, Johannes Laumann, Mutares, order backlog, partnership, public offering, share placement, Steyr Motors AG, stock liquidity, strategic divestment
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