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Deals of the day-Mergers and acquisitions

Wed, 17th Oct 2018 11:07

Oct 17 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 1000 GMT on Wednesday:

** A unit of Royal Dutch Shell is acquiring a15-percent stake in Toll4Europe, an electronic toll serviceprovider that is controlled by Deutsche Telekom, theGerman company said.

** Power generator ContourGlobal Plc said it was intalks with Spanish utility Iberdrola SA over apotential deal to buy the Milan-listed company's 50-megawattsolar power plant in Spain.

** French oil major Total has signed a deal withIndian conglomerate Adani Group to re-enter the South Asiannation's liquefied natural gas (LNG) market and build 1,500retail service stations over the coming decade.

** Greece's National Bank said it had endeddiscussions with Shanghai-based Gongbao Group on the potentialsale of its insurance division.

** French shipping group CMA CGM has obtained a further 4.56percent stake in CEVA Logistics AG, the Swisstransport group which rejected a bid from Denmark's DSV, Ceva said.

** Uber Technologies Inc is considering sellingminority stakes in its costly self-driving car unit as theride-hailing company tries to address rising cost pressuresahead of its initial public offering, the Financial Timesreported.

** Samsung Electronics Co Ltd said it has boughtBarcelona-based network data analysis firm Zhilabs, as the SouthKorean giant gears up to launch products for connected devicesand 5G mobile services that require fast data crunching.

** Building and construction materials maker Boral Ltdsaid it would sell its U.S. Block business to QuikreteHoldings for $156 million.

** Russia's VTB Bank may obtain a 25 percent stakein the country's largest container company Transcontainerfrom Russian shipping firm FESCO, a sourcefamiliar with the deal and an industry source told Reuters.(Compiled by Mary Ann Alapatt in Bengaluru)

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2 Dec 2021 18:54

UPDATE 2-Shell scraps plans to develop Cambo North Sea oilfield

(Adds detail)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists seeking to ...

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2 Dec 2021 18:54

UPDATE 1-Shell scraps plans to develop Cambo North Sea oilfield

(Adds Siccar Point statement, background)LONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain's devel...

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2 Dec 2021 18:54

UPDATE 3-Shell scraps plans to develop Cambo North Sea oilfield

(Adds investor comment)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists s...

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2 Dec 2021 18:02

Shell and partner scrap plans to develop North Sea oilfield

LONDON, Dec 2 (Reuters) - Royal Dutch Shell and Siccar Point have decided not to go ahead with the development of the Cambo oilfield in the British North Sea due to a weak economic case, Shell said on Thursday."After comprehensive screening of the...

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2 Dec 2021 17:05

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

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2 Dec 2021 12:03

LONDON MARKET MIDDAY: Europe hit by Omicron but Wall Street to rebound

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2 Dec 2021 10:08

UPDATE 2-European stocks fall as Omicron worries rattle investors

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* STOXX 600 gives back a chunk of Wednesdays gains* Apple suppliers hit by report on slowing demand* Vifor Pharma surges on takeover speculat...

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2 Dec 2021 08:31

SSE and Equinor to proceed with $4 bln Dogger Bank C offshore wind farm

OSLO, Dec 2 (Reuters) - British utility SSE and Norwegian energy company Equinor have secured financing to proceed with the construction of the 3 billion pound ($3.98 billion) Dogger Bank C offshore wind farm in Britain, the companies said on Thu...

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2 Dec 2021 07:03

Shell launches $1.5bn buyback from Permian sale

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1 Dec 2021 12:10

German oil lobby seeks net zero CO2 emissions by 2045

FRANKFURT, Dec 1 (Reuters) - Germany's oil industry will aim for net zero carbon emissions by 2045, moving away from fossil fuel to low carbon products such as biofuels and renewable energy-derived hydrogen, the industry's lobby group en2x said on...

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30 Nov 2021 17:33

UPDATE 3-U.S. security review stalls sale of Shell Texas refinery to Mexico's Pemex

(Updates with comment from congressman critical of sale)By Erwin SebaHOUSTON, Nov 30 (Reuters) - A U.S. national security review has delayed the sale of Royal Dutch Shell's controlling interest in a Texas refinery to Mexico's national oil company, ...

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