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St. Modwen accepts Blackstone’s raised $1.75 bln take-private offer

Housebuilder and logistics firm St. Modwen Properties (SMP.L) said on Thursday it has agreed to a sweetened 1.25 billion pounds ($1.75 billion) offer from U.S. private equity firm Blackstone (BX.N)

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Hong Kong regulator fines Deutsche Bank unit over incorrect statements

Hong Kong’s markets watchdog on Thursday fined a Deutsche Bank (DBKGn.DE) unit HK$2.45 million ($315,522) for issuing incorrect statements to its prime brokerage clients for 12 years and delaying reporting

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Canadian exporter confidence rebounds to 20-year high

Confidence among Canadian exporters has surged to its highest level in more than 20 years, amid mounting optimism that a sustained global economic recovery is underway, a survey by Export

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Senior Japanese lawmaker accuses Toshiba activists of short-termism

A senior member of Japan’s ruling party on Thursday accused activist investors in Toshiba Corp of focusing only on short-term profits and called for better monitoring of such investors to

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Musk says Starlink to go public once cash flow is more predictable

Chief Executive Officer Elon Musk will list SpaceX’s space internet venture, Starlink, when its cash flow is reasonably predictable, the billionaire entrepreneur said late on Wednesday. “Going public sooner than

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Siemens raises growth target with digital drive

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.

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Volkswagen considering buying majority stake in Europcar

Germany’s Volkswagen confirmed on Thursday it is considering acquiring a majority stake in car rental company Europcar as it seeks to tap into the trend for consumers to rent rather

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