World news

  • 31.08.2020
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Manulife plans to free up $3.8 billion in capital by 2022

Manulife, Canada’s biggest insurer, said on Wednesday it had set a target to free up C$5 billion ($3.8 billion) in capital over the next three years, partly by offloading businesses that it...

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Conagra to buy Pinnacle Foods for $8.1 billion, creating frozen food powerhouse

Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the snack and frozen food markets amid fierce competition in the...

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A New York Broker Dealer Is Getting Bought by a Crypto Exchange

Digital asset exchanges are seeking to comply with regulations Uphold wants to serve as an alternative trading system

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  • 31.08.2020
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BP Buys Britain’s Largest Electric Vehicle Charging Company

Oil major to pay 130 million pounds for the acquisition Chargemaster has about 6,500 charging stations across Britain

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  • 31.08.2020
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Bain Reaches Deal to Buy DSM Sinochem Pharma Joint Venture

DSP venture was said to have been worth $698 million in sale Singapore business was set up by Royal DSM, China’s Sinochem

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  • 31.08.2020
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Buffett's Berkshire Hathaway bought 75 million more Apple shares in first quarter: CNBC

Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first three months of the year, CEO Warren Buffett told CNBC on Thursday, aggressively ramping up its bets on the...

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  • 31.08.2020
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Japan's Takeda clinches $62 billion deal to buy drugmaker Shire

Takeda Pharmaceutical agreed to buy London-listed Shire for 45.3 billion pounds ($61.50 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to secure a reco...

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  • 31.08.2020
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Fox to buy seven TV stations from Sinclair for about $910 million

Twenty-First Century Fox Inc said on Wednesday it agreed to buy seven television stations from Sinclair Broadcast Group Inc for about $910 million.

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  • 31.08.2020
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South Africa's Naspers sells Flipkart stake to Walmart for $2.2 billion

South African Internet and entertainment firm Naspers sold its entire 11.18 percent stake in Indian e-commerce firm Flipkart to Walmart Inc for $2.2 billion, it said on Wednesday.

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  • 31.08.2020
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Aladdin Shopping Center is for sale

The seller is the British investment fund Meyer Bergman

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  • 31.08.2020
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Britain's Zoopla, PrimeLocation bought by Silver Lake for $3 billion

Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out of online p...

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  • 31.08.2020
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Ghana Sells $2 Billion Bonds as Demand Exceeds Supply Fourfold

West African country sells 10- and 30-year durations African nations’ 2018 euro, dollar debt sales top $20 billion

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  • 31.08.2020
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JPMorgan Seeks Majority Stake in China Fund Management Venture

Applied for securities JV control last week, following UBS China pledged to allow majority ownership of joint ventures

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  • 31.08.2020
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Exclusive: China's Tianqi nears $4.3 billion deal to buy stake in Chile's SQM - sources

China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera SQMa.SN, one of the world’s biggest lithium producers, for about $4.3 billion, two peo...

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  • 31.08.2020
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Exclusive: Vitol, Glencore, Shell in running for Petrobras' Nigerian assets

The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras (PETR4.SA) that owns stakes in two major Nigerian offshore oil blocks, industry and banking s...

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  • 31.08.2020
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PayPal to Buy iZettle for $2.2 Billion to Compete With Square

PayPal Holdings Inc. is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.

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  • 31.08.2020
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LaSalle Hotel accepts Blackstone's $3.7 billion cash offer

LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust.

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Large Swiss investment fund bought almost half of the shares of IT company GlobalLogic

At the same time, IT company GlobalLogic was estimated at more than $ 2 billion

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  • 31.08.2020
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Canada to buy Kinder Morgan oil pipeline in bid to save project

Canada will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to save a project that faces formidable political...

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  • 31.08.2020
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Coca-Cola Co to increase investments in Argentina

Coca-Cola Co said on Tuesday it would increase its investments in Argentina over the next three years, giving embattled President Mauricio Macri’s government a boost at a difficult time.

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