Highlights: October 11, 2021 - October 15, 2021
Christian Fernsby ▼ | October 18, 2021
Events of the last week.Article continues below
Lukoil has signed an agreement to purchase a 15.5% stake in the Shah Deniz gas project in the Azerbaijani sector of the Caspian Sea from the Malaysian company Petronas for $ 2.25 billion....
Emerson and AspenTech announced that the companies have entered into a definitive agreement to contribute Emerson's industrial software businesses OSI and the Geological Simulation Software business to AspenTech (new AspenTech)....
Thailand's overall investment applications from January to September jumped 140% from a year earlier to 521 billion baht ($15.38 billion)....
Dorel Industries announced that it has entered into a definitive agreement to sell Dorel Sports, its bicycle segment, to Pon Holdings for $810 million in cash, representing approximately CAD $1 billion, payable to Dorel at closing....
Lukoil bought a 15.5 percent stake in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea from Petroliam Nasional Bhd (Petronas)....
Tata Motors has reached a deal to raise about $1 billion by selling a stake in its electric vehicle business to a TPG fund and other investors....
Generali has committed to investing 3 billion euros in sustainable and green bonds by the end of 2022, as part of its sustainability objectives....
The Asian Development Bank (ADB) is aiming to deliver $100 billion in climate financing to its developing member countries (DMCs) from 2019 to 2030....
A report published by NatWest sets out the potential opportunity that exists for the UK economy from the transition to net zero, finding that SMEs could create up to 130,000 new jobs, produce around 30,000 new businesses and result in an estimated 160 billion pounds opportunity for the UK economy....
Citigroup reported that its third quarter net income increased 48% year on year....
Morgan Stanley reported Thursday a profit for the third quarter that increased 36 percent from last year....
Walgreens Boots Alliance and VillageMD announced that WBA has agreed to make an additional investment in VillageMD to advance its strategic position in the delivery of value based primary care, a $1 trillion, fast growing segment of the healthcare system....
Air Products has announced a $4.5 billion blue hydrogen complex in Louisiana....
South32 acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority owned by Polish miner KGHM for $1.55 billion.... ■ What to read next
Attorney General Steve Marshall joined a coalition of 17 attorneys general in demanding answers from the world’s top asset managers to determine if they are misrepresenting and omitting essential disclosures regarding Chinese investments.
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