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EXCLUSIVE France's Tereos seeks to exit ventures in China, Romania - sources

Sybille Hamaide 4 minute read A view shows a logo at the entrance of the Tereos sugar factory in Escaudoeuvres, Northern France, April 30, 2020. REUTERS/Pascal Rossignol/File Photo French sugar producer Tereos is seeking to exit its ventures in China and Romania as part of a wider move by the new management to divest some international assets to lighten the groups heavy debt and boost profitability, sources close to the matter said. Tereos, the worlds second largest sugar producer by volume, re...
Romania General Thomson Reuters Trust Principles Singapore Wilmar International Wilmar International Thomson Reuters Trust ரோமானியா ஜநரல்

Deutsche Bank, Groupon Alumni's Startup Valued at $3 Billion

Deutsche Bank, Groupon Alumni’s Startup Valued at $3 Billion Jun 02 2021, 12:59 AM June 01 2021, 12:22 PM June 02 2021, 12:59 AM (Bloomberg) -- Wefox, an insurance-technology firm founded by former Groupon Inc. and Deutsche Bank AG staff, raised $650 million in a funding round that values the company at $3 billion. (Bloomberg) -- Wefox, an insurance-technology firm founded by former Groupon Inc. and Deutsche Bank AG staff, raised $650 million in a funding round that values the company at $...
Julian Teicke Bloomberg Wefox Fabian Wesemann Merrill Lynch Groupon Inc Goldman Sachs Group Inc

Nigeria's State Oil Firm to Acquire Stakes in Six Refineries

Nigeria’s State Oil Firm to Acquire Stakes in Six Refineries Jun 01 2021, 3:52 PM June 01 2021, 3:11 PM June 01 2021, 3:52 PM (Bloomberg) -- Nigeria’s state-owned energy company said it’s considering purchasing shares in at least six privately controlled refineries in the West African nation to conform to a government directive. (Bloomberg) -- Nigeria’s state-owned energy company said it’s considering purchasing shares in at least six privately controlled refineries in ...
Port Harcourt Muhammadu Buhari Aliko Dangote Dangote Group Nigerian National Petroleum Corp West African

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PropertyGuru to Acquire REA Group Malaysia and Thailand Units

PropertyGuru to Acquire REA Group Malaysia and Thailand Units May 31 2021, 6:32 AM May 31 2021, 5:20 AM May 31 2021, 6:32 AM (Bloomberg) -- Singapore real estate startup PropertyGuru Pte has agreed to acquire all of the shares in REA Group Ltd.’s operating entities in Malaysia and Thailand, whose sites include iProperty.com.my and thinkofliving.com. (Bloomberg) -- Singapore real estate startup PropertyGuru Pte has agreed to acquire all of the shares in REA Group Ltd.’s operating entit...
Republic Of Propertyguru Pte Holdings Inc Group Ltd Co Inc Rupert Murdoch News Corp

Crypto Assets a Great Concern, Says Ireland's Central Bank Enforcer

Crypto Assets a Great Concern, Says Ireland’s Central Bank Enforcer May 31 2021, 1:15 PM May 31 2021, 9:30 AM May 31 2021, 1:15 PM (Bloomberg) -- (Bloomberg) -- The rising popularity of cryptocurrencies such as bitcoin is “of great concern,” according to Derville Rowland, one of the top officials at Ireland’s central bank. “Crypto assets are quite a speculative, unregulated investment,” and people should be “really aware they could lose the whole of that ...
Derville Rowland Haruhiko Kuroda Andrew Bailey Gamestop Corp Entertainment Holdings Inc Robinhood Markets Inc

Wanda Unit Draws 20 Investors in $3 Billion Pre-IPO Round

(Bloomberg) -- More than 20 investors have expressed interest in a funding round for Dalian Wanda Group Co.’s commercial property management unit, which could raise about 20 billion yuan ($3.1 billion), according to people familiar with the matter.
Hong Kong Wanda Plaza Shimao Group Holdings Ltd China Resources Land Ltd Wanda Light Asset Commercial Management Co Dalian Wanda Group Co

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