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TotalEnergies Sells $1.8B African Oil Stakes to BlackRock's GIP
Capital.grLO·FR · US·1 day ago
Argentine energy firm Central Puerto divested its entire AbraSilver stake for US$163 million, booking a profit and approving a US$161.3 million extraordinary dividend. The move signals a strategic exit from mining to focus on energy expansion, though the timing and reinvestment plans remain unclear. The dividend payout is notable for its size relative to the sale proceeds.