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Stock Market & Financial Investment News

News Breaks
July 2, 2014
16:02 EDTOXYOccidental ends Middle East stake sale effort without deal, Bloomberg says
Occidental Petroleumís attempt to raise as much as $8B by selling a 40% stake in its Middle East business has ended without a deal, said Bloomberg, citing people with knowledge of the matter. The report added that the company is now looking to sell some assets piecemeal, with one source saying Occidental could fetch as much as $1B for the smaller sales. Reference Link
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