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Saudi telecom to work with JPMorgan on options for Oger

  Bloomberg Saudi Telecom Co. is working with JPMorgan Chase & Co. to evaluate options including increasing its stake in Turkish telecommunications investor Oger Telecom, according to people familiar with the matter. The Riyadh-based firm could buy a stake in Oger Telecom from Saudi Oger, which holds 65 percent, to boost its current holding of 35 percent, said the people, ...

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Energy explorers headed for IPO find buyers circling

  Bloomberg As oil prices stabilize and confidence returns to the patch, there’s been an uptick in oil and gas companies filing to go public. With prized assets in the industry’s promised lands, not all of them make it that far. In the past month alone, two explorers that were headed for an initial public offering have ins- tead become ...

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Solar panels sold at loss as prices nosedive

  Bloomberg Solar manufacturers led by China’s Trina Solar Ltd. are probably selling at a loss after prices fell to a record low this week. The global spot market price for solar panels fell 2.4 percent to an average of 36 cents a watt on Dec. 28, according to PVinsights. That’s the bottom end of the cost range for most ...

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