Business

  • 31.08.2020
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Qatar to buy New York's Plaza Hotel for $600 million: source

The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York’s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U...

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  • 31.08.2020
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ADM to buy French animal nutrition business Neovia for $1.8 billion

Archer Daniels Midland Company is in exclusive talks to take over French animal feed business Neovia for 1.5 billion euros ($1.8 billion) as part of the U.S. farm giant’s strategy to expand...

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  • 31.08.2020
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Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business

Ride-hailing company Lyft Inc. said it’s purchasing Motivate, the operator of Citi Bike in New York City and other bike-rental programs in major U.S. cities.

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  • 31.08.2020
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CK to Buy Veon Out of Italy Telecom Venture for $2.9 Billion

Veon, formerly known as Vimpelcom, to sell 50% stake Deal is latest major purchase in two months by CK Chairman Li

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  • 31.08.2020
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The owner of Kyivstar sells Italian business to its partner for 2.45 billion euros

Holding VEON will sell CK Hutchison Holdings Ltd 50% in their joint Italian business Wind Tre

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  • 31.08.2020
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Russian banks will receive almost 50% of the largest Croatian retailer

Sberbank and VTB will receive almost half of the largest private Croatian company, the food retailer Agrokor, lent to them, in exchange for writing off part of the debt. The Croatian company...

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  • 31.08.2020
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Paypal to spend $3 billion a year on M&A: CEO to German paper

PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company’s biggest...

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  • 31.08.2020
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Boeing will team up with the Brazilian Embraer

The American corporation Boeing and the Brazilian aircraft construction concern Embraer signed on July 4, 2018 an agreement on the establishment of a joint venture in the field of civil avia...

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  • 31.08.2020
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Billionaire Dangote will build one of the world's largest refineries in Nigeria worth $ 10 billion

The richest man in Africa, billionaire Aliko Dangote, plans to build one of the world's largest refineries in Nigeria by 2020, the project cost is estimated at $ 10 billion, reports Bloomber...

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  • 31.08.2020
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Chinese Tycoon to Buy Irish Plane Lessor for About $2.8 Billion

Cheng’s jewelry-to-property empire boosting aviation business Initial public offering for jet leasing unit is in the cards

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  • 31.08.2020
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Panasonic plans to halve cobalt content of car batteries in two-three years

Panasonic Corp plans to halve the cobalt content of its mass-produced automotive batteries “in two to three years”, an executive at the Japanese conglomerate said on Thursday, as battery mak...

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  • 31.08.2020
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France's La Poste plans to buy stake in insurer CNP Assurances: source

France’s La Poste is planning to buy the stake in insurer CNP Assurances held by state-owned investment fund Caisse des Depots though the details of the deal are not yet finalised, a source...

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  • 31.08.2020
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The founder of Amazon became the richest man in history

The size of Jeff Bezos's fortune by $ 55 billion exceeded Bill Gates's record for inflation.

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  • 31.08.2020
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Warren Buffett donates $3.4 billion to Gates' and family charities

Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his longstanding plan to give away his fortune.

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  • 31.08.2020
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Linde sells assets for $3.3 billion to help get Praxair deal cleared

Linde is raising $3.3 billion from selling North and South American assets to a consortium of German gases firm Messer and buyout group CVC as it seeks clearance for a planned $87 billion me...

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  • 31.08.2020
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Saudi developer sells assets at $ 1.4 billion

The company Emaar Properties at one time built the famous Dubai skyscraper Burj Khalifa

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  • 31.08.2020
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KKR to take Envision private for $5.57 billion in healthcare push

KKR & Co said on Monday it will buy Envision Healthcare Corp, one of biggest U.S. providers of physicians to hospitals, in a deal valued at $5.57 billion as it builds up its healthcare portf...

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  • 31.08.2020
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Deutsche Bank is considering merging with its rival, Commerzbank

Paul Ahlaytner, Chairman of the Supervisory Board of Deutsche Bank, discussed with shareholders of the bank the merger issue

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  • 31.08.2020
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German manufacturer of building materials Knauf buys a competing USG for $ 7 billion

As part of the deal, Warren Buffett will completely leave USG

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  • 31.08.2020
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Exclusive: Saudi Aramco eyes partnerships as it expands refining, petrochems

Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the r...

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