Sunday 26 June 2016
 
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Daetwyler agrees $1bn deal to buy Premier Farnell

Daetwyler Holding said on Tuesday it has agreed to buy Premier Farnell in an all-cash offer that valued the British electronic component distributor at just over 1 billion Swiss francs ($1.04 billion). Altdorf, Switzerland-based D

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Bin Faqeeh buys four Durrat Marina plots

Durrat Marina, developer of a mixed-use marina development in the south of Bahrain, has signed a land sale and development agreement with Bin Faqeeh Real Estate Investment Company, to buy four plots adding up to more than 15,000 sq m, sai

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Lufthansa sees Iran Air as possible buyer of old A340s

Iran Air could be a buyer of some A340 planes that Lufthansa no longer needs, the chief executive of the German airline said on Thursday. Lufthansa has signed a memorandum of understanding with Iran Air that comprises cooperation

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Alibaba to buy Hong Kong’s South China Morning Post

Chinese e-commerce giant Alibaba Group Holding has agreed to buy the Hong Kong's flagship English-language newspaper, the South China Morning Post, the company and SCMP Group announced on Friday.   The agreem

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Equate to buy ME Global from Dow, PIC for $3.2bn

Kuwait's Boubyan Petrochemical Co has said that its affiliate Equate had signed a $3.2-billion deal to buy ME Global from Dow Chemical of the United States and a subsidiary of state-run Kuwait Petroleum Corp.  

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Dubai's private LNG tender marks new forward price lows

The Dubai Supply Authority (DUSUP) is holding a private tender to buy between four to six liquefied natural gas (LNG) cargoes each in 2016 and 2017, and is nearing the final stages of the process with an award expected soon, trade sources said

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Mediclinic to buy UAE’s Al Noor Hospitals for $2.2bn

South Africa's Mediclinic Intl has agreed to buy UAE’s Al Noor Hospitals Group for around £1.4 billion ($2.2 billion), gaining the upper hand on rival NMC Health in a tussle for expansion in the fast growing Gulf region.

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Swiss Re unit to buy Guardian Financial for $2.45bn

Reinsurer Swiss Re has agreed to buy Guardian Financial Services, the Swiss group said, bolstering the British business of its unit which buys and manages closed life insurance policies.   It is the latest tie-up

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Katara Hospitality buys Rome hotel for $251m

Katara Hospitality, a global hotel operator based in Qatar, has acquired the Westin Excelsior Rome from Starwood Hotels & Resorts Worldwide for €222 million ($251 million). As part of the deal, the historic hotel will be

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Kuwait signs deal to buy Eurofighter jets worth $9bn

Kuwait has signed a memorandum of understanding to buy Eurofighter jets in a deal worth up to €8 billion ($9 billion), Italian industry sources said.   The Eurofighter aircraft are produced by Italy's Fi

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