Page 89 - Stk News Today

(Bloomberg) -- Malaysian lender CIMB Group Holdings Bhd is considering renegotiating terms of its bancassurance partnerships in Indonesia, according to people familiar with the matter, amid increasing interest from insurers seeking to expand in Southeast Asia.

(Bloomberg) -- Political uncertainty ahead of Chile’s presidential elections and the possibility of another round of pension withdrawals have been pushing the country’s bond yields higher, weakening the peso and hitting equities.

Public Power Corp. (PPC) , Greece's biggest power utility, has agreed to sell a minority stake in the country's sole power grid operator HEDNO to Macquarie Asset Management , PPC and Macquarie said on Wednesday.

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(Bloomberg) -- The Turkish lira is looking vulnerable as speculation grows that policy makers will cut interest rates again despite the deteriorating inflation outlook. Option traders see a more than 60% chance that the currency will weaken to an all-time-low of 9.50 per U.S.

GeoPost, the express parcel arm of French Groupe La Poste (LAPST.UL), has acquired a 20.15% stake in Dubai-listed courier firm Aramex , according to a regulatory filing on Wednesday.

Italy's Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday.

(Bloomberg) -- A Nigerian tax tribunal cleared MultiChoice Group Ltd., Africa’s biggest pay-TV provider, to appeal a disputed $4.4 billion tax bill in the country, according to people familiar with the case.

Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change.

Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.