Seeking Alpha

Exxon Mobil (XOM) has renewed it attempt to reduce its 60% stake in Hong Kong utility Castle...

Exxon Mobil (XOM) has renewed it attempt to reduce its 60% stake in Hong Kong utility Castle Peak Power by launching an auction for a 30% holding in a deal that could bring in up to $2B. Last year, the company tried and failed to sell the whole stake to CLP Holdings - which owns the other 40% of Castle Peak - and China Southern Power Grid.
Comments (1)
  • cindy wu
    , contributor
    Comment (1) | Send Message
     
    A clear stance we are running out of oil..when Exxon turns to auction for Hong Kong power stake
    http://cnp-keythai.com
    7 Mar 2013, 06:36 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|