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Tesco to consider Thai bids for Asian assets on Sunday: sources
British retailer Tesco (TSCO.L) is set to assess bids by Thai billionaires for its Asian business on Sunday, a potential deal which could be wo...
DEALS
Online ad firm OLX Brazil in $642 million deal to buy competitor
Online marketplace OLX Brazil has agreed to buy competitor Grupo ZAP for 2.9 billion reais ($642 million), forming a leading Brazilian player in digital real estate advertising,...
DEALS
Two more Australian pension funds explore a merger as sector consolidates
Australian pension funds First State Super and WA Super are exploring a merger, the two funds said on Wednesday, in the latest sign of consolidation in an industry facing regula...
BUSINESS
Dollar recovers from six-month low after year-end sell-off
The dollar recovered from a six-month low to rise 0.46% on Thursday, the year's first trading day, after a downbeat December that left the index virtually flat at the end of 201...
DEALS
Outback owner Bloomin' Brands to explore sale, shares rise
Outback Steakhouse owner Bloomin' Brands Inc (BLMN.O) said on Wednesday it would explore strategic options, including a sale, two months after ...
DEALS
KKR puts European Locomotive Leasing up for sale: sources
Buyout group KKR (KKR.N) has put Austria-based European Locomotive Leasing (ELL) up for sale, people close to the matter said, as the investor s...
DEALS
Germany's TeamViewer makes year's top European IPO at 5.25 billion euros
German software company TeamViewer 1UD.DE priced its initial public offering on Tuesday at 26.25 euros per share, valuing the connectivity specialist at 5.25 billion euros ($5.8...
DEALS
New Zealand's Fonterra sells its 50% stake in DFE Pharma for $400 million
New Zealand's Fonterra (FSF.NZ) (FCG.NZ) on Wednesday agreed to sell its 50% stake in DFE Pharma for NZ$633 m...
DEALS