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Новости за 09.05.2024

Oilprice.com 

Occidental Hopes to Close CrownRock Acquisition by August

Occidental Petroleum hopes it will have closed its $12-billion planned acquisition of Permian oil and gas producer CrownRock by the next quarterly earnings report at some point in August 2024, Oxy’s chief executive Vicki Hollub said on the Q1 call with analysts.   At the end of last year, Oxy said it would buy CrownRock for cash and stock in a deal valued at around $12 billion, including debt, with which it joined the wave of mergers and acquisitions in the U.S. oil industry. The acquisition will... Читать дальше...

Economictimes.indiatimes.com 

Jindal Poly Films questions the maintainability of class action suit

Jindal Poly Films Ltd challenges the validity of a class action suit initiated by minority shareholders before the National Company Law Tribunal, arguing it falls outside the scope of Section 245 of the Companies Act, 2013. The suit alleges losses from discounted share sales and loan write-offs, seeking Rs 2,268 crore damages.

«The Rio Times» 

Sri Lanka’s Geopolitical Dance with India and China

Sri Lanka is recalibrating its geopolitical stance amid growing regional tensions, pivoting towards India to balance China’s extensive influence. This strategic shift is highlighted by recent collaborations, such as a significant $442 million deal with India’s Adani Green Energy to develop two wind power stations. This partnership not only bolsters Sri Lanka’s renewable energy capacity […]