Adnoc purchases a 25% interest in Borealis

On Friday, the Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company (Mubadala) established a strategic partnership with Borealis AG (Borealis), one of Europe's premier petrochemical firms. Adnoc will purchase a 25% stake in Borealis from Mubadala under the terms of the agree...

SOFTBANK WANTS TO SELL SBG CLEANTECH STAKE

HIGHLIGHTS

• SoftBank is planning to sell its stake SBG Cleantech.
• SBG Cleantech intends to raise around $ 500 Million through a dollar bond.
• Bank of America and Barclays are running the stake sale and bond raise process for SBG Cleantech.