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Rane Holdings to divest entire 48.97% stake in JV company

Rane Holdings has received approval for divestment of entire 48.97% equity shareholding held by the company in JMA Rane Marketing (JMA Rane), a Joint Venture (JV) company. This divestment is subject to negotiating and concluding the terms, execution of definitive agreement and completion of customary closing conditions. The Board of ... Read More »

PetroVietnam to divest 30% from energy subsidiary PV Gas

29/1/2018 – PetroVietnam Gas (PV Gas). a state-owned Vietnamese energy firm is seeking government approval for a divestment plan to sell 30 percent of its stock to a strategic partner by 2020. According to Le Nhu Linh, the Chairman of PV Gas, the approved strategic partner is expected to be ... Read More »