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stock: PTC India to divest 100 pc equity in PTC Energy for Rs 2,021 cr enterprise value

The company had invited bids for selling a 100 per cent equity stake in PTC Energy. ONGC emerged as the successful bidder with a cash bid of Rs 925 crore. ....

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Phoenix to divest shares in subsidiary | The Manila Times

PHOENIX Petroleum Philippines Inc. said Monday it would be selling its ownership stake in affiliate PNX Petroleum Singapore Pte. Ltd. ....

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EEI to divest shares in food products firm | The Manila Times

YUCHENGCO-LED construction firm EEI Corp. on Monday said that it would be selling over half of its ownership stake in its subsidiary BiotechJP Corp., a therapeutic food products manufacturer. ....

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