Clayton Dubilier & Rice LLC’s 5.5 billion-pound ($7.6 billion) bid for Wm Morrison Supermarkets Plc has put Britain’s fourth-largest grocer in play. The private equity firm may have to pay significantly more or fend off rival offers to prevail. The supermarket …
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“Household wealth in China has grown so rapidly, become the second largest globally,” Sun said in a Bloomberg Television interview on Monday.
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Shares of Centrum Capital rallied 16 per cent and hit a 52-week high of Rs 58.50 on the BSE in intra-day trade on Monday after Centrum Financial Services Limited (CFSL) received an “in-principle” approval from the Reserve Bank of India (RBI) to set up a …
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However, the company reported an operating loss of $1.04 billion at the companies it owns around the globe in online marketplaces, food delivery and educational software. Analysts had seen net profit at $4.63 billion for the …
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Shares of NTPC Ltd rose around 3% in early deals on Monday on the National Stock Exchange. This when the broader Nifty 50 index declined. Not without reason. The company’s fourth quarter results announced on Saturday are strong, helped by recovery in …
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