Nigeria’s petroleum regulator, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said on Tuesday it stood by its refusal to approve Exxon Mobil’s $1.28 billion sale of shares in its Nigerian unit to Seplat after President Muhammadu Buhari approved the transaction. NUPRC Chief Executive, Gbenga Komolafe, said under a new petroleum law passed last year, the petroleum Read More…
Tag: sale
Movie studio behind ‘James Bond’ franchise explores sale
U.S. movie studio MGM Holdings is exploring a sale, a person familiar with the matter told Reuters on Monday. The movie studio behind the “James Bond” franchise has tapped investment banks Morgan Stanley and LionTree LLC and started a formal sale process, the source said, asking not to be identified. The company has a market Read More…