Cash deal with PE firm Altor and minority shareholders Will boost Nordic presence, DNB CFO says No job cuts expected, deal to finalise in H1 2025 STOCKHOLM, Oct 21 (Reuters) – Norway’s largest bank DNB (DNB.OL), opens new tab has agreed to buy Swedish investment bank and asset manager Carnegie …
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TOKYO, Oct 21 (Reuters) – U.S. investment firm KKR (KKR.N), opens new tab has extended by 10 working days the first stage of its tender to take Japanese IT services firm Fuji Soft private, it said in a filing on Monday. The extension comes after Bain Capital made a rival …
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NEW YORK, Oct 21 (Reuters) – Travel and lodging operator Viad Corp (VVI.N), opens new tab on Monday agreed to sell its events and conferences business GES to private equity firm Truelink Capital for $535 million, according to a statement seen by Reuters. The sale of GES would leave Viad …
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April 24 (Reuters) – Daniel Kretinsky is seeking to take control of debt-laden French supermarket chain Casino (CASP.PA), in a deal that would bring several well-known retail brands under the Czech billionaire’s umbrella in France. Kretinsky, 47, a former investment bank lawyer who built one of Europe’s largest energy groups, …
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Dec 5 (Reuters) – Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion. The company is selling 96.39 million shares in the range of …
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Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …
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NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …
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A Royal Mail postal van is parked outside homes in Maybury near Woking in southern England March 25, 2014. REUTERS/Luke MacGregor Register now for FREE unlimited access to Reuters.com Register Sept 8 (Reuters) – Britain’s Royal Mail (RMG.L) said on Thursday it was not involved in talks with a private-equity …
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June 1 (Reuters) – Royal Mail (RMG.L) and broadcaster ITV (ITV.L) will lose their spots on Britain’s benchmark FTSE 100 (.FTSE) equity index after their respective valuations plunged this year. British Gas owner Centrica (CNA.L) and UK student housing provider Unite Group (UTG.L) will replace them when the next quarterly …
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A woman rides in an elevator at Channel 4 Television studios in London, after the government decided to privatise the publicly-owned broadcaster, in London, Britain, April 5, 2022. REUTERS/Tom Nicholson Register now for FREE unlimited access to Reuters.com Register April 8 (Reuters) – British broadcaster Channel 4 has warned the …
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