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Here you will find advertised property for sale by owners, no estate agents, no estate agents fees. All property prices are plus notaire fees only unless otherwise stated by Please contact owners direct for more information or to arrange to view. Go to our Home Page to see all our information and links to all our other web sites! Aquitaine consists of five departments 24 Dordogne     33 Gironde      40 Landes      47 Lot et Garonne      64 Pyrenees Atlantiques gites, bars and restaurants properties, gites, bars and restaurants *Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. recommends that you independently verify any information before relying on it. Hot Properties for Sale in France Popular Properties in France
Welcome to the A Place in the Sun French Hot Property Gallery - featuring the most popular French properties from the last seven days. Properties are automatically included here based on the number of unique user clicks on each property, so these really are the most popular properties in France!YOU ARE HERE: LAT HomeCollectionsConoco Inc U.S. chemicals giant DuPont Co. on Sunday declined to comment on a British newspaper report that it was negotiating the sale of its Conoco energy unit to Elf Aquitaine, France's largest oil company, for $24 billion.London's Financial Mail quoted unidentified sources saying that Elf was one of several companies to look at Conoco, the sixth-largest U.S. oil company. The newspaper's source said Elf emerged the favorite, and the two companies were in negotiations that could lead to a sale, with DuPont buying Elf's pharmaceutical and perfume businesses. The paper didn't name other Conoco bidders.DuPont Chief Executive Charles "Chad" Holliday declined to comment on whether DuPont, the largest U.S. chemical company, was negotiating with Elf.
Conoco Chief Executive Archie Dunham also wouldn't address the report, saying U.S. securities rules prevent him from making any direct comment.business for sale buxton victoriaElf spokeswoman Catherine Durand described the article as "market rumor which Elf won't comment on" that was "doubtless inspired by BP's purchase of Amoco."handyman west hollywood caLast week, British Petroleum agreed to buy Amoco Corp. in a transaction now valued at about $55 billion in stock and assumed debt, the biggest oil industry acquisition ever.business for sale buxton victoriaThe merger announcement immediately fueled analysts' speculation that more industry consolidation is in the offing.best handyman salt lake city
DuPont has already signaled that it plans to divest itself of Conoco and in May said it planned to offer 20% of Conoco shares in an initial public offering. business for sale solvangDuPont said it would invest the proceeds in its pharmaceutical, agricultural and life-sciences businesses. business for sale 3925Dunham said that course hasn't changed."Conoco and DuPont are proceeding down an IPO route," he said.Conoco filed last month with the Securities and Exchange Commission to sell the shares and is likely to offer them in an IPO before the end of this year.Elf's pharmaceuticals business could give it an advantage over other oil companies seeking to buy Conoco. Elf holds a majority stake in Sanofi, one of France's leading drug manufacturers.Wilmington, Del.-based DuPont said earlier this year that it would reorganize the company to focus on pharmaceutical, agricultural and biotechnology businesses, which it expects to grow faster than Conoco's oil exploration and refining operations.
By swapping Elf's drug holdings for at least part of Conoco, DuPont might both expand its pharmaceuticals business and avoid paying capital-gains tax on at least part of the transaction, said Paul Leming, a chemical analyst at HSBC Securities Inc.Leming estimated DuPont would have to pay about $4 billion to $5 billion in capital-gains taxes if it sold Conoco outright.The Financial Mail said DuPont and Elf were considering an oil-for-pharmaceuticals swap. In addition to drug holdings, Elf might also sell its Oscar de la Renta, Fendi and other perfume and beauty products businesses to DuPont.Last month, DuPont paid $2.6 billion to purchase Merck & Co.'s half of their pharmaceuticals joint venture.In May, Elf said first-quarter sales fell 12% to $9.95 billion, reflecting a 33% drop in the price of oil. DuPont in July said Conoco second-quarter sales fell 3% to $4.7 billion, while earnings fell 27% to $180 million because of lower oil prices.An acquisition would also give Elf gas stations and refineries in the U.S. Higher profit margins from gasoline sales in both the U.S. and Europe eased the effect of lower oil prices on second-quarter earnings for the biggest world oil companies.
Elf has 5,300 gas stations, almost all in Europe., where the company got 95% of the profit it earned from fuel and other refined-product sales. Conoco, which has about 7,000 service stations, sells 60% of its gasoline and other fuels in the U.S. and most of the rest in Europe.Another prize for Elf would be Conoco Britain's refinery, considered the most advanced in Europe. The plant can process more than 200,000 barrels a day. Seizure Led to FloJo's DeathHis 104 scores make his caseRestaurant review: South Beverly GrillBrutal Murder by Teen-Age Girls Adds to Britons' ShockComaneci Confirms Suicide Attempt, Magazine SaysHome   >   Market - Finance   >   Finance   > By BusinessNews Staff on November 11, 2015 A total of 32 petroleum product storage tanks worth several billions of naira have been put up for sale by the Asset Management Corporation of Nigeria, the agency created by the Federal Government to absorb bad loans from Deposit Money Banks’ books after the 2009 banking crisis.
AMCON, in a newspaper advertorial on Monday, invited interested members of the public to submit bids for the purchase of the tank farms located in Ibafon, Apapa area of Lagos State. A tank farm or oil depot, is a facility for storage of liquid petroleum products or petrochemicals. The decision apparently followed the failure of the oil companies to pay up their debts four years after AMCON took over their non-performing loans from commercial banks. Although AMCON did not mention the names of the oil companies, which originally owned the tank farms which it had taken over, investigations showed that the tank farms belonged to Zenon Petroleum and Gas, Acorn Petroleum, Aquitaine Oil and Gas. A top official of Zenon confirmed that the firm and AMCON had reached an agreement on the transfer of the assets to the corporation. Acorn and Aquitaine could not be reached as of press time. Reports have, however, indicated that AMCON has entered into asset transfer agreements with most of the oil companies.
However, sources close to the development confirmed that the proposal for the sale of the tank farms followed the conclusion of lease agreements that AMCON had signed with some companies to put the tank farms into use. The bad debt manager appointed the estate surveying and valuation firm of Ubosi Eleh and Co. as the sales agent to oversee the asset disposal process. According to AMCON, the deadline for the submission of bids for interested investors is November 30, 2015. The advertorial read in part, “The Asset Management Corporation of Nigeria, in fulfilment of its objectives and exercise of its statutory duty to efficiently resolve eligible bank assets purchased from various eligible financial institutions in Nigeria, hereby offers tank farms located at Ibafon, Apapa, Lagos for sale for interested members of the public.” The agency noted that entities or companies interested in buying the tank farms must not be indebted to AMCON, adding that the directors of such companies must also not be indebted to the corporation.