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Severn Trent rejects $7.2bn Kuwait bid offerUK water company Severn Trent has rejected a takeover offer valued at around 4.7 billion euros ($7.2 billion) from a consortium including the Kuwait Investment Office (KIO) setting the scene for an extended battle for control of the company. More… |
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Verizon eyes $100bn bid for Wireless stakeVerizon Communications has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group, two people familiar with the matter said on Wed More… |
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Al Habtoor augments Dubai’s Expo 2020 bidUAE-based conglomerate Al Habtoor Group has reinforced its commitment to support Dubai’s bid to host the World Expo 2020. Under the direction of the chairman, Khalaf Ahmad Al Habtoor, all employees across the Al Habtoor Grou More… |
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Emirates takes Dubai’s expo bid to the skiesDubai's national carrier Emirates is putting the full force of its A380 fleet behind the emirate’s bid to land the 2020 World Expo by attaching giant “Expo 2020, Dubai UAE, Candidate City” stickers to its More… |
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Canada blocks $5bn Petronas bid for gas firmCanada has blocked Malaysian state oil firm Petronas' C$5.17 billion ($5.2 billion) bid for gas producer Progress Energy Resources in a surprise move that could signal problems for a much larger Chinese deal in the country's energy secto More… |
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Nine to bid for Oman $155m rail design jobNine international companies or groups plan to bid for a contract that could be worth as much as RO60 million ($155 million) to design and consult on the construction of Oman's first major railway, a tender board official said on Monday. More… |
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Oman invites bids for six oil blocksOman has invited foreign oil companies to bid for exploration and development rights in six oil blocks around the country, the oil ministry said on Tuesday, as it pushes to raise production to 1 million barrels per day. More… |
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Qatar to bid for 2024 OlympicsQatar will bid to host the 2024 summer Olympics, despite having failed to make the cut for the 2016 and 2020 Games, the Qatar Olympic Committee's general secretary said on Sunday. 'We have tried it twice, and we will continue. It&# More… |
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Sawiris to fund EFG Hermes takeover bidEgyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG Hermes that would ensure the company is not broken up, the bid consortium said. Plant IB, the group of Gulf investors and ban More… |
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Iraq seeks bids for $1bn power plantIraq announced on Saturday the names of foreign companies bidding to build a 1,500 megawatt (MW) power plant with a value of around $1 billion in western Iraq, part of a drive to improve creaking infrastructure hit by sanctions and war. Th More… |
