Harbour Energy strikes $11.2bn deal to acquire Wintershall Dea’s upstream assets

Harbour Energy strikes $11.2bn deal to acquire Wintershall Dea’s upstream assets

Harbour Energy has announced its agreement with BASF and LetterOne, shareholders of Wintershall Dea AG (“Wintershall Dea”), for the acquisition of a substantial portion of Wintershall Dea’s upstream assets, valued at $11.2 billion. This acquisition includes Wintershall Dea’s upstream assets in various countries, excluding its Russian assets, and marks a significant stride in Harbour’s journey […]

Turkey Wealth Fund to acquire 26.2% stake in Turkcell

Turkey Wealth Fund to acquire 26.2% stake in Turkcell

Turkey Wealth Fund (TWF) will acquire a stake of 26.2% in Turkcell İletişim Hizmetleri (Turkcell), a Turkish telecoms and technology company, through multiple transaction agreements with Telia Company, LetterOne, Ziraat Bank, Çukurova Holding, and others. Turkcell runs an international mobile and fixed telecom business with over 47 million customers, along with local OTT platforms like […]