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Investment company International Public Partnerships Ltd. said on Friday that it is buying a portfolio of projects in New Zealand for 200 million New Zealand dollars ($128 million) from Public Infrastructure Partners, which is managed by a local alternative asset manager.
Man Group PLC said Friday it is kicking off a share buyback program worth up to $125 million, as the investment management business seeks to continue handing back cash to shareholders while maintaining a "prudent" balance sheet.
Paragon Banking Group PLC, led by Slaughter and May, announced on Tuesday that it is launching a share buyback program worth up to £50 million ($61 million) after the British mortgage provider reported "strong" financial performance.
The directors of gift card and Christmas savings club operator Appreciate Group said on Friday that they have agreed to the £83 million ($100 million) takeover offer from payment services firm PayPoint, in a deal guided by Pinsent Masons LLP and Addleshaw Goddard.
Specialty chemicals company Elementis PLC said on Wednesday that it is selling its Chromium subsidiary to Yildirim Group, a Turkish industry giant, for $170 million in a move to reduce debt after a strategic review of the business.