ConocoPhillips sells oil and gas assets to Cenovus for $13.3 billion |
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CALGARY, Alberta (Reuters) - ConocoPhillips on Wednesday agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy Inc for C$17.7 billion ($13.3 billion), making it the latest international oil major to pull back from a region where high costs and low crude prices have made it hard for large companies to make an acceptable return.
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Other Akzo shareholders also want talks with PPG: Elliott Advisors |
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AMSTERDAM (Reuters) - Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Wednesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries .
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HSBC announces fintech partnership with Tradeshift |
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LONDON (Reuters) - HSBC announced on Thursday a strategic partnership with financial technology company Tradeshift, that will allow the bank's clients to manage their supply chains and working capital requirements digitally.
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Biotest says had more requests for deals beyond Creat |
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FRANKFURT (Reuters) - Biotest Chief Executive Bernhard Ehmer told a press conference on Thursday that China's Creat Group has not been the only suitor approaching Biotest about a deal but it chose to talk to Creat because the proposal was "thought through".
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