Qatar in talks to buy German oil and gas firm.
Jul 21st 2013, 23:00
A state-owned Qatari entity has held initial talks with German utility RWE about buying its DEA oil and gas exploration and production unit, the Wall Street Journal reported, citing two people familiar with the matter.
RWE in March said it was planning to sell DEA in a move to slash capital spending and cut its debt pile, with sources and analysts valuing the unit at about 5-8 billion...
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1 comments:
Hi,In the case of a Company by guarantee, members’ liability is limited, on winding up, to the extent agreed upon Incorporation in Qatar. This type of Company is usually adopted when its purpose is non-profit making.Thanks....
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