"Whether we will raise part cash or part asset swap
, we're still trying to finalize the decision for that.
Tom Wilson, president and CEO of Magellan, said, 'Completing our asset swap
transaction with Santos is a transformational milestone for Magellan Petroleum and illustrates the continued execution of our turnaround strategy set in place last year.
AT&T Inc (NYSE:T), a US telecomms operator, announced on Monday 22 December that it has finalised an asset swap
with Verizon Wireless, a US mobile network operator, after regulatory approval was received from the US FCC and Department of Justice.
There are two basic ways of determining a CDS spread, namely, from asset swap
spreads and from calculation of expected CDS cash flows.
of Commerce, we identified George Wimpey (UK, construction) as a "major third country investor." A reader advises us that: "In 1996 there was an asset swap
between Wimpey and one of its main competitors, Tarmac, which resulted in Wimpey acquiring Tarmac's private housing business and Tarmac acquiring Wimpey's world-wide contracting and quarrying operations ...
State-owned Rosneft has a 20% stake in Sakhalin-1 while Gazprom has been in negotiations to acquire a 25% stake in Sakhalin-2 in an asset swap
It is the first time the two firms have agreed to an asset swap
and consolidates Tesco's position in Slovakia, where it leads the market, and the Czech Republic.
Russian gas giant OAO Gazprom is demanding that Royal Dutch/Shell re-negotiate the terms of a planned asset swap
because of the soaring costs of the Sakhalin-2 project.
JSG said in a statement that earnings were due to higher interest charges associated with a leveraged capital structure, the absence of significant associate earnings and the completion of an asset swap
with their SSCC partners at the end of March.
What appears to be restructuring for an emerging challenge in the Canadian financial arena, a wholly owned subsidiary of ING Groep NV., ING Canada agreed to a complex asset swap
with Zurich Canada., a subsidiary of Zurich Financial Services Group of Switzerland.
Vivendi Universal topper Jean-Marie Messier has denied rumors that the company plans to sell its 23% share in satcaster BSkyB and says Vivendi U is still discussing an asset swap
with another media concern.
LONDON (Alliance News) - Informa PLC on Wednesday said it has inked an asset swap
agreement with information services group IHS Markit to strengthen Informa's market position in Telecommunications, Media & Technology sector.