BP takes control of Veba Oil, boosting presence in Germany

Article Abstract:

BP PLC has agreed to a multibillion-euro deal to take control of Veba Oil from utility group E. On AG. The action will enable BP PLC to significantly boost its presence in Germany's large oil-products market. BP has the option of fully acquiring Veba as early as the second quarter of next year.

United Kingdom, Germany, Crude Petroleum, British Petroleum Company PLC, Petroleum industry, Petroleum, E.ON AG, Veba Oil AG

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Dominion will pay cash and stock for Louis Dreyfus

Article Abstract:

Dominion Resources Inc. has reached a deal to acquire Louis Dreyfus Natural Gas Corp. in cash and shares. The deal is valued at $1.8 billion (1.99 billion euros).

United States, Dominion Resources Inc., D, Louis Dreyfus Natural Gas Corp., LD

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Telecom Italia approaches sale of stake in Retevison parent

Article Abstract:

Telecom Italia SpA is close to selling its 27% share of Auna, the holding company for Retevison, Spain's second largest telecommunications company. People with knowledge about the situation stated that Auna's other shareholders, Endesa S.A. and Union Fenosa S.A., as well as Banco Santander Central Hispano S.A., plan to buy out Telecom Italia in a deal that could be worth as much as Euro2 billion ($1.78 billion).

Italy, Telecommunications, Banking Institutions, Depository Credit Intermediation, Telephone Communication, DEPOSITORY INSTITUTIONS, Spain, Financial Holding Companies, Offices of Bank Holding Companies, Holding Offices, Banking industry, Financial services industry, Financial services, Telecommunications services industry, Telecommunications industry, Banks (Finance), Investments, Telecom Italia S.p.A., Endesa S.A., Banco Santander Central Hispano S.A., Union Fenosa S.A., TI, Auna Operadores de Telecommunicaciones

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