Post Tagged with: "spin off"

Source: Reuters

Siemens Energy to close sites after spin-off: source

Reuters


FRANKFURT/DUESSELDORF  – Siemens Energy, the power division being spun off from parent Siemens (SIEGn.DE) next month, plans to close plants in an effort to raise margins, a person close to the company said.

“Production sites will be …

August 28, 2020 - 11:00 am Closing Bell Story‎, Energy News, International
LINN Energy Board Approves Spin-Off of Riviera

LINN Energy Board Approves Spin-Off of Riviera

LINN Energy, Inc. (OTCQB:LNGG) announced that its Board of Directors has unanimously approved the previously announced spin-off of Riviera Resources, Inc. from LINN.

Following the Spin-Off and the transactions contemplated thereby, for each share of LINN common stock held on …

CONSOL Energy Breaking into Separate Coal and Nat. Gas Companies

CONSOL Energy Breaking into Separate Coal and Nat. Gas Companies

CONSOL Energy (ticker: CNX), a Pittsburgh based coal mining and natural gas exploration company plans to split the corporation into two separate companies, one focusing on natural gas exploration and production, the other focusing on coal mining.

The company’s Pennsylvania …