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  • Exclusive: Exxon launches U.S. shale gas sale to kick-start stalled divestitures
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    Exclusive: Exxon launches U.S. shale gas sale to kick-start stalled divestitures

    August 28, 2021

    HOUSTON, Aug 10 (Reuters) – Exxon Mobil Corp (XOM.N) has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed unwanted assets and reduce debt taken on last year. Three years ago, the top U.S. oil producer set a goal of raising $15 billion from sales by December 2021. More recently, it promised to accelerate lagging sales to whittle a record $70 billion debt pile. The company’s XTO Energy shale unit is seeking buyers for almost 5,000 natural gas wells in the Fayetteville Shale in Arkansas, spokeswoman Julie King confirmed. The assets are among gas projects with declining…

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  • French retailer Carrefour to launch .9 bln sale of Taiwan business -sources
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    French retailer Carrefour to launch $1.9 bln sale of Taiwan business -sources

    August 19, 2021

    HONG KONG, Aug 11 (Reuters) – French retailer Carrefour (CARR.PA) is planning to launch a sale of its Taiwan business, which is valued at around 1.6 billion euros ($1.9 billion) in the coming weeks, three people with knowledge of the matter told Reuters. The supermarket chain operator has hired Morgan Stanley (MS.N) to run the sale, which is expected to kick off after the summer, said the people, who declined to be identified as the information is confidential. Carrefour has approached a number of potential buyers, including private equity firms, to gauge their interest, the people said. The company did not immediately respond to a request for comment. Morgan Stanley…

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