| | Metro food, electronics units go their separate ways | | FRANKFURT (Reuters) - German retailer Metro completed its split into two companies on Thursday as its food business and consumer electronics division started trading independently on the Frankfurt and Luxembourg stock exchanges. |
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Bahrain's Investcorp sells Spain-based Esmalglass to Lone Star | | DUBAI (Reuters) - Bahrain-based asset manager Investcorp has agreed to sell Esmalglass, a supplier of intermediate products for the ceramic industry, to U.S. buyout firm Lone Star Fund X for an enterprise value of 605 million euros ($693 million). |
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| | Britain floats new sovereign IPO rules in bid for Aramco prize | | LONDON (Reuters) - Britain has proposed a loosening of rules on stock market listings by state companies, just as the London Stock Exchange is trying to win the IPO of Saudi Arabian oil giant Saudi Aramco, a potentially huge but controversial prize. |
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| | Kuehne raises Hapag-Lloyd shareholding to 17.15 percent | | FRANKFURT (Reuters) - Logistics entrepreneur Klaus-Michael Kuehne has raised his shareholding in German container shipping line Hapag-Lloyd to 17.15 percent from 14.1 percent, his Swiss-based Kuehne Holding said on Thursday. |
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