| GSPC to call bids for stake sale - source
MUMBAI (Reuters) - Gujarat State Petroleum Corp. (GSPC) will invite formal bids for selling a stake in its block off the country's east coast, a company source said on Thursday. The bidding will be open to all interested parties and not to just the four firms it had shortlisted in August last year, the official said. "This is going to be a formal invitation of bids," he said. "The situation has changed as we explore more and people are keen to know about the wells." The block in India's prolific Krishna Godavari basin is expected to hold reserves of about 20 trillion cubic feet of gas. The company has also found oil in it. The source declined to give details of new data, but said GSPC would share them with potential bidders. "Everybody who wants to evaluate the latest status will be getting the well data based on which they can make their offers," he said.
YUKOS auctioneer starts accepting bids
RBC, 16.04.2007, Moscow 10:15:40.The Russian Federal Property Fund will today begin accepting bids for an auction of a number of YUKOS service enterprises, which is scheduled for May 16, 2006. The lot is for the most part comprised of companies, which provide construction, repair, and information technology services, and also includes assets put up for sale on April 4, which were not sold due to a lack of bids. The offer price for the entire lot (No. 14) has been set at RUR1.669bn (approx. USD65m), the bid increment at RUR16.693m (approx. USD0.646m). Bids will be received until May 14. The advanced payment required for participating in the auction amounts to RUR333,867,200 (approx. USD12.93m). Ten latest news Other news .
Macquarie Power CEO says earlier bidding piqued interest in Clean ...
TORONTO (CP) - After a shift in market trends and a slight change of heart, Macquarie Power & Infrastructure Income Fund (TSX:MPT.UN) has placed a competing bid for wind energy company Clean Power Income Fund (TSX:CLE.UN), valuing the company at $226 million. After the weekend announcement, units in Clean Power jumped more than 10 per cent, or 55 cents, to $5.95 in Monday morning trading on the Toronto Stock Exchange. Macquarie CEO Greg Smith told investors the fund has been eyeing Clean Power since the initial bidding process. .
SIMPSON BOOK RIGHTS TO BE AUCTIONED
LATEST: The rights to O.J. SIMPSON's scrapped book IF I DID IT is to be auctioned off next month (APR07). Los Angeles County Superior Court Judge GERALD ROSENBERG earlier this month (MAR07) ordered the rights to If I Did It - which hypothetically places Simpson at the scene of the 1994 murder of his ex-wife NICOLE BROWN SIMPSON and her friend RON GOLDMAN - be sold. Details of the sale have been sent to publishers, Hollywood studios and talent agencies, according to Goldman family attorney DAVID COOK, who hinted the family may also bid for the controversial manuscript. Rosenberg previously ruled if the book is ever published, proceeds must help pay off the $33.5 million (GBP17 million) Simpson owes following a 1997 civil case for wrongful death. The sale will take place on 17 April (07), and will be carried out by the Sacramento County Sheriff's department in California.
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