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Nido receiver approached 50-plus would-be buyers - but not Ikea 24 Feb, 2021 03:00 AM 5 minutes to read A receiver of New Zealand s biggest homeware store has revealed how hard her firm tried to sell the business as a going concern, including approaching more than 50 would-be buyers. But in the end, attempts to sell the 100-showroom Nido came to nothing and yesterday it was announced that all stock in Henderson s store would be sold in the next two to three weeks and the shop shut. Kare Johnstone of McGrathNicoll said her practice had approached more than 50 parties in a last-ditch attempt to sell the business, whose name is Italian for nest. ....
Aviva To Sell Entire 40% Shareholding In JV In Turkey To Ageas Insurance LONDON (dpa-AFX) - Aviva plc (AV.L, AV), on Wednesday, said it agreed to sell its entire 40% shareholding in its joint venture in Turkey, AvivaSA Emeklilik ve Hayat AS, to Ageas Insurance International N.V. for a cash consideration of £122 million. Aviva s joint venture partner, Sabanci Holding, would retain its 40% shareholding. Further, the transaction is expected to increase Aviva s IFRS Net Asset Value and Solvency II surplus by about £0.1 billion. The transaction, which is subject to customary closing conditions, including regulatory approval, is expected to complete in 2021. Copyright RTT News/dpa-AFX ....
ExxonMobil To Sell U.K. Upstream Central And Northern North Sea Assets To HitecVision IRVING (dpa-AFX) - ExxonMobil said Wednesday that it agreed to sell most of its non-operated upstream assets in the United Kingdom central and northern North Sea to HitecVision for more than $1 billion. The sale price has additional upside of about $300 million in contingent payments based on potential for increase in commodity prices. The agreement includes ownership interests in 14 producing fields operated primarily by Shell, including Penguins, Starling, Fram, the Gannet Cluster and Shearwater; Elgin Franklin fields operated by Total; and interests in the associated infrastructure. ExxonMobil s share of production from these fields was approximately 38,000 oil-equivalent barrels per day in 2019. ....
WASHINGTON (dpa-AFX) - Stocks may move to the upside in early trading on Wednesday, extending the rebound from the sell-off seen early in the previous session. The major index futures are currently ....
(1) Vancouver, British Columbia (Newsfile Corp. - February 24, 2021) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today announced its wholly-owned subsidiary Singatse Peak Services LLC ( SPS ) has entered into a purchase and sale agreement to sell certain primary ground water rights associated with its copper property in Yerington, Nevada, to Desert Pearl Farms LLC ( Desert Pearl ), a Yerington-based company involved in agriculture in the district, for US$2.91 million. Desert Pearl has paid an initial $1 million on signing into escrow which will be released to Quaterra once the application for change is submitted to the State of Nevada Division of Water Resources (NDWR). These funds will be available to Quaterra for corporate use. The balance of funds of $1.91 million will be paid when the deal closes and the NDWR approves an application to change the manner of use of the water rights from mining to agriculture, their place of use and when title is transferred to D ....