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Mergers & Acquisitions | 18 December 2012

Qatar Likely To Buy ADB's Stake In Petronet LNG

by Ahemad Shaikh
 
@ahemad
The ongoing tussle for ADB’s 5.2% stake in @Petronet_LNG_L Limited just got a direction with India offering Qatar the stake, according to Businesstoday.

This follows the earlier letter sent by Qatar’s Minister of Energy & Industry Mohammed bin Saleh Al-Sada to M Veerappa Moily confirming the preliminary evaluatory talks between Qatar Petroleum International (QPI) and Petronet and an intention to fast-track the deal.

M&M To Buy Out Navistar In CV JV - Mahindra Navistar

Mahindra & Mahindra is buying out its American partner Navistar’s stake in two JVs – Mahindra Navistar Automotives Ltd. and Mahindra Navistar Engines Pvt. Ltd. for around R175 Cr.

Read More...

GE Energy Invests In Atria's Wind Power Projects

GE Energy Financial Services has invested an undisclosed amount picking up equity stake in three wind power projects being developed by Atria Power Corporation Limited.

Read More...
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