Business / page 9

  • 31.08.2020
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Exclusive: Exxon agrees $4 billion sale of Norway oil and gas assets - sources

Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production in a country where it started operations more than a century ago, three sources fa...

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  • 31.08.2020
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Blackstone Buys Wadhawan Unit as India Firm Looks to Cut Debt

Wadhawan Global Capital, parent of an Indian mortgage lender hit by allegations of financial irregularities, sold its stake in another unit to funds managed by Blackstone LP.

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  • 31.08.2020
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Michael Kors Is Close to Buying Versace for $2 Billion

Deal may be announced this week valuing Versace at $2 billion Versace had drawn takeover interest from a number of suitors

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  • 31.08.2020
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(Updated) Michael Kors Buys Fashion Label Versace for $2.2 Billion

Kors changes name to Capri as it becomes a house of brands. Donatella Versace will continue to lead creative direction.

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  • 31.08.2020
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Facebook founder Mark Zuckerberg will devote 2018 study of decentralized technologies and cryptocurrency

Each year, Facebook founder Mark Zuckerberg chooses a personal goal - for example, in 2016 he was engaged in the development of home artificial intelligence "like Jarvis from" Iron Man "," i...

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  • 31.08.2020
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GSK buys Novartis stake in consumer healthcare venture for $13 billion

GlaxoSmithKline said on Tuesday it will buy Novartis’s 36.5 percent stake in their consumer healthcare joint venture for $13 billion in cash, and will also begin a strategic review of some o...

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  • 31.08.2020
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Pfizer pumps $600 million into venture capital arm

Pfizer Inc said on Wednesday it planned to invest $600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience.

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  • 31.08.2020
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Canada's Barrick Gold to buy Randgold for $6.5 billion

Canada’s Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world’s largest gold producer in an i...

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  • 31.08.2020
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Microchip Agrees to Buy Microsemi for $8.35 Billion

Deal continues wave of consolidation in chip industry Cash offer is 7 percent premium on Microsemi’s closing price

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  • 08.09.2022
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Porsche family seeks iPO buyout after tearful defeat

More than a decade after Porsche's billionaire clan said goodbye to their crown jewel, the family is set to regain a more direct influence over the sports car maker.

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  • 31.08.2020
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Pershing Square Holdings plans $300 million buyback

Pershing Square Holdings plans to buy back $300 million worth of its own shares, the company said on Wednesday after Dutch regulators threw up roadblocks that prevented billionaire investor...

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  • 31.08.2020
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Amazon in talks to buy stake in India's Reliance Retail

Amazon.com Inc. is in talks with Reliance Industries Ltd’s retail unit to buy a stake in India’s biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Fr...

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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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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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China's BAIC buys 5% Daimler stake to cement alliance

China’s Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler (DAIGn.DE), cementing their long-standing alliance after China’s Geely emerged as a potential rival by also ta...

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  • 31.08.2020
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Salesforce bets on big data with $15.3 billion Tableau buy

Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps bu...

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  • 31.08.2020
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Petrobras agrees to sell pipeline unit to Engie for $8.6 billion

A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the compan...

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  • 31.08.2020
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Equity Residential Seeks Buyers for Two NYC Buildings

Deals would follow the sale of an Upper West Side property Apartment landlord is seeking to cut its Manhattan exposure

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  • 31.08.2020
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Whirlpool to sell Embraco compressor business to Japan

Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan’s Nidec Corp for $1.08 billion in cash as it focuses on its consumer-facing bus...

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  • 31.08.2020
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Exclusive: Carlyle Group in talks to buy Sedgwick Claims - sources

Private equity firm Carlyle Group LP is in talks to acquire Sedgwick Claims Management Services Inc, the largest U.S. insurance claims service provider, for more than $6 billion, including d...

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