Cerberus selling stake in Bushmaster firearms after Newtown
Cerberus equity doesn’t exactly have a clean track record when it comes to it’s investments. So it is a bit strange that they all of a sudden developed a conscience. bertb news feed
View ArticleAzerbaijan to buy 50% stake in Nabucco.
Azerbaijan’s Shah Deniz II gas group could agree to take a 50% stake in the Nabucco pipeline consortium by January, boosting Nabucco’s prospects in a competition between projects that aim to pipe Azeri...
View ArticleShah Deniz consortium to obtain a 50% stake in Nabucco natural gas pipeline.
The companies behind the Nabucco pipeline have confirmed that the deal would give Shah Deniz 2 a 50% stake if it chooses their project as its European export route, in return for joint funding and...
View ArticleA Chinese Oil Company May Buy Exxon’s Iraq Stake.
The Iraqi oil industry is abuzz with rumors that CNPC’s Hong Kong-listed subsidiary, PetroChina, is the leading bidder. WT news feed
View ArticleCOSCO considers acquiring majority stake in Greek port.
China Ocean Shipping (Group) Co, the country’s largest State-owned shipping conglomerate, is considering acquiring a 60 percent stake in Greece’s largest port, which is at Piraeus, according to media...
View ArticleComcast Buys GE Stake in NBCUniversal, Completing the ’30 Rock’ Prophecy
Today, in a surprise move, Comcast announced that the cable giant will buy all of General Electric’s stake in NBCUniversal for .7 billion, and also plans to purchase the 30 Rockefeller Plaza properties...
View ArticleRothschild puts reputation at stake in Battle of Bumi.
Nathaniel Rothschild successfully ran the Bumi mining group into the ground. Now those hurt by this remarkable feat of business dealings have hired another Rothschild firm to fight him. This beats any...
View ArticleNew Zealand to sell stake in state power company
New Zealand’s markets used to be so restricted that even the USSR seemed to be a haven of free enterprise. Now crony capitalism forces them to sell the family silver. bertb news feed
View ArticleSamsung set to buy 3 percent stake in Sharp
The demise of Sharp is just one example of the dire state that the once mighty Japanese technology sector is in. Now it is becoming clear that only the government was keeping them alive in the past...
View ArticleGermany’s RWE sells Nabucco pipeline stake to OMV
The Nabucco pipeline is in serious trouble, now that the Germans are bailing ship. bertb news feed
View ArticleThe future of organic in 2014: what’s at stake?
In mid-December organic took a giant leap forward when a major study published in the journal PLOS established evidence of nutritional advantages in organic milk. Despite the success of this study and...
View ArticleWarren Buffett Bought Stake in Pipeline Company on Same Day as North Dakota...
Owned by Phillips 66, a subsidiary of ConocoPhillips, Phillips Specialty Products’ claim to fame is lubricating oil’s movement through pipelines, increasingly crucial for the industry to move both tar...
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