| | | China cracks down on Dalian Wanda's overseas deals: sources | | | BEIJING/HONG KONG (Reuters) - China's regulators have told banks to stop providing funding for several of Dalian Wanda Group's overseas acquisitions as Beijing looks to curb the conglomerate's offshore buying spree, sources familiar with the matter said on Monday. |
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| | | Austria's BAWAG PSK buys Germany's Suedwestbank | | | VIENNA (Reuters) - BAWAG PSK, the Austrian bank owned by private equity group Cerberus Capital Management, bought German regional lender Suedwestbank for an undisclosed price to expand its network in western Europe, BAWAG said on Monday. |
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| | | EFG, BTG Pactual settle on final BSI price at $1 billion | | | ZURICH (Reuters) - Switzerland's EFG International and Brazil's BTG Pactual have struck a deal on the final price for BSI Bank at just under 1 billion Swiss francs ($1.04 billion), after billions in outflows at BSI had pushed down the value of the transaction. |
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| | | San Miguel president Ang to buy Philippine Daily Inquirer group | | | MANILA (Reuters) - San Miguel Corp's billionaire president on Monday said he will buy a majority stake in the Inquirer Group of Companies, one of the Philippines' biggest media firms and publisher of the country's most-read broadsheet, the Philippine Daily Inquirer. |
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| | | Jimmy Lai magazine sale stokes concern over HK media landscape | | | HONG KONG (Reuters) - Hong Kong media company Next Digital Ltd, founded by tycoon and outspoken Beijing critic Jimmy Lai, said on Monday it plans to sell its flagship magazine and four others to a local businessman for HK$500 million ($64.08 million). |
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