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CVC Consortium agrees to stake sale in GEMS EducationA consortium led by CVC Strategic Opportunities Fund I and Fund II, with co-investors has entered into a binding agreement, to sell its majority stake in GEMS Education to a consortium led by Brookfield Asset Management. More… |
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CVC Consortium agrees to stake sale in GEMS EducationA consortium led by CVC Strategic Opportunities Fund I and Fund II, with co-investors has entered into a binding agreement, to sell its majority stake in GEMS Education to a consortium led by Brookfield Asset Management. More… |
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StanChart enters deal to sell some Africa subsidiariesStandard Chartered Bank (SCB) and Access Bank have signed deals for SCB’s stake sale in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each trans More… |
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ADDX sells stake in Cybavo to CirclePrivate market exchange ADDX has confirmed that it sold its stake in Cybavo to US-based Circle Internet Financial Limited as part of Circle’s acquisition of Cybavo earlier this year. Circle is a global financial technology firm and paren More… |
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Reliance stake sale to Aramco to cut debt: Moody’sThe proposed sale by India’s Reliance Industries Ltd (RIL) of a 20 per cent stake in its oil-to-chemicals (O2C) business to Saudi Aramco will reduce RIL's debt leverage, a credit positive, said Moody's Investors Service in a new re More… |
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Quercus sells stake in green energy JV ForVEIUK-based investment firm Quercus Assets Selection, said that its subsidiary, Quercus Renewable Energy Fund, has completed the sale of its stake in ForVEI, a joint venture comprising three firms in the renewable sector. The announc More… |
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Bank Alkhair gets nod to sell stakeBahrain-based Bank Alkhair, an Islamic wholesale bank, has received approval from the State Bank of Pakistan to sell its stake in Burj Bank to Al Baraka Pakistan (ABPL), a subsidiary of Al Baraka Banking Group, reported the Gulf Daily News More… |
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Ooredoo denies selling stake in IndosatQatari telecom operator Ooredoo said on Tuesday it had no intention of selling any of its interest in Indonesian subsidiary Indosat Ooredoo. "Indosat Ooredoo is Ooredoo's biggest international market and is strategically More… |
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Russia eyes $11bn from Rosneft stake saleRussia hopes to fetch more than $11 billion for a minority stake in the Kremlin's flagship oil producer Rosneft before the end of the year to plug budget holes caused by low crude prices, an industry source told Reuters on Friday. More… |
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Russia eyes $11bn from Rosneft stake saleRussia hopes to fetch more than $11 billion for a minority stake in the Kremlin's flagship oil producer Rosneft before the end of the year to plug budget holes caused by low crude prices, an industry source told Reuters on Friday. More… |
