By Peter Frontini SAO PAULO (Reuters) -Brazilian meatpacker Marfrig has agreed to sell 16 slaughtering plants to rival Minerva for 7.5 billion reais ($1.54 billion) in a deal that will …
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US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon
by Reutersby ReutersBy Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed most of a lawsuit where Germany’s Commerzbank sought to hold Bank of New York Mellon liable for …
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Chile heavy rains likely caused over $1 billion in agriculture losses
by Reutersby ReutersSANTIAGO (Reuters) – Heavy rains in Chile’s central south farming region last week may have caused at least $1 billion in losses, according to estimates by authorities and the industry. …
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By Manas Mishra (Reuters) – Danaher Corp on Monday agreed to buy protein consumables manufacturer Abcam Plc in a $5.7 billion all-cash deal including debt, as the medical tools supplier …
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StanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 billion
by Reutersby ReutersBy Rishav Chatterjee (Reuters) -Standard Chartered said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based AviLease for about $3.6 billion, as part of a …
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BLANTYRE (Reuters) – Malawi is on course to getting its $1.2 billion external debt with different lenders restructured to “sustainable levels”, its central bank said in a statement on Sunday. …
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Credit Suisse posted $4 billion loss in 2Q, Sonntagszeitung reports
by Reutersby ReutersBERLIN (Reuters) – Credit Suisse, which is now a subsidiary of UBS, posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to …
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Australia’s ANZ Group and Suncorp seek review of $3.2 billion deal block
by Reutersby Reuters(Reuters) -ANZ Group and Suncorp Group said on Friday that they have filed separate applications to seek a tribunal review after Australia’s competition regulator recently blocked ANZ’s $3.2 billion buyout …
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(Reuters) – Sikorsky, a unit of Lockheed Martin, said on Thursday it was awarded a $2.7 billion contract by the U.S. Navy to build 35 additional CH-53K helicopters. The CH-53K …
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QIA to take stake in Ambani retail firm at $100 billion valuation
by Reutersby ReutersBENGALURU (Reuters) -Qatar Investment Authority will invest $1 billion for a 1% stake in India’s Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani’s Reliance Industries, nearly doubling its …
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Thoma Bravo to close $2.3 billion ForgeRock deal after DOJ nod – Bloomberg News
by Reutersby Reuters(Reuters) – Private equity firm Thoma Bravo will complete its $2.3 billion acquisition of software firm ForgeRock after the U.S. Department of Justice declined to challenge the deal, Bloomberg News …
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US State Dept OKs possible sale of Apache helicopters to Poland for $12 billion -Pentagon
by Reutersby ReutersWASHINGTON (Reuters) -The U.S. State Department has approved the potential sale of AH-64E Apache helicopters and related equipment to Poland in a deal valued at up to $12 billion, the …
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DuPont to sell Delrin resins unit to PE firm for around $1.8 billion – Bloomberg News
by Reutersby Reuters(Reuters) – Materials and chemicals maker DuPont De Nemours Inc is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 …
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BAE says $5.5 billion Ball Corp deal will help it meet Ukraine-led defence demand
by Reutersby ReutersBy Muvija M LONDON (Reuters) – Britain’s BAE Systems said its $5.5 billion purchase of Ball Corp’s aerospace business would help it meet the soaring demand for munitions seen since …
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Goldman Sachs used derivatives to help Exor build $2.8 billion Philips stake, filings show
by Reutersby ReutersBy Toby Sterling, Pablo Mayo Cerqueiro and Andres Gonzalez AMSTERDAM (Reuters) – Investment company Exor was able to build a 15% stake in Dutch healthcare group Philips without triggering the …
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Insured losses from Maui wildfires at least $1 billion – Moody’s
by Reutersby ReutersLONDON (Reuters) – Moody’s Investors’ Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii will be at least $1 billion. More than 2,000 structures were …
- New Jersey News
Bucco Calls on Democrats to Answer For $1 Billion Bailout of Foreign Wind Developer After Company Reports Significant Earnings
Sen. Anthony M. Bucco blasted Democrats for approving a $1 billion bailout of foreign wind developer, Orsted, after a press release from the company indicated strong first half profits in …
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Indonesia’s July trade surplus seen narrowing to $2.5 billion: Reuters poll
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s exports and imports likely continued a decline on a yearly basis in July amid weakening global trade, with its trade surplus seen shrinking, according to a …
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Private equity firm CVC bags $4.45 billion so far in sixth Asia-focused fund
by Reutersby ReutersBy Kane Wu HONG KONG (Reuters) -Europe-based private equity firm CVC Capital Partners has raised over $4.45 billion so far for its new Asia-focused fund, its latest regulatory disclosure showed. …
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ION seals acquisition of Italy’s Prelios from Davidson Kempner in estimated $1.5 billion deal
by Reutersby ReutersBy Valentina Za and Pablo Mayo Cerqueiro LONDON (Reuters) -U.S. hedge fund Davidson Kempner Capital Management (DK) said on Friday it had agreed to sell Prelios to fintech firm ION …
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China to replace $140 billion LGFV debt with local bonds – Bloomberg News
by Reutersby ReutersBEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the debt of local-government financing vehicles (LGFVs) and other off-balance-sheet issuers, …
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Biden Asks Congress For Additional $24 Billion In Military, Economic Aid For Ukraine
Biden Asks Congress For Additional $24 Billion In Military, Economic Aid For Ukraine Micaela Burrow on August 10, 2023 The White House asked Congress for $24 billion dollars in supplementary …
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Biden Admin Agrees To $6 Billion Deal With Iran In Exchange For American Prisoners: REPORT
Biden Admin Agrees To $6 Billion Deal With Iran In Exchange For American Prisoners: REPORT Jake Smith on August 10, 2023 The United States and Iran have reached a deal …
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Exclusive-Canadian pension funds explore $6 billion sale of renewables firm Cubico -sources
by Reutersby ReutersBy Isla Binnie and Andres Gonzalez NEW YORK (Reuters) – Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the …
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Ant group quarterly profit rises 17.5% on year to 13.37 billion yuan – Alibaba filing
by Reutersby ReutersSHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from a year earlier, according to …