That's a generous price: When Bloomberg News first reported that a deal might be in the works in April, the valuation named wasn't much more than
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The Reserve Bank has taken a breather from cutting interest rates, leaving its official cash rate at the historic low of 1 per cent. Having cut rates at its June and July meetings, the market had largely anticipated the decision. However, it may just be a pause with …
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Iron ore has been driven into a bear market after an abrupt reversal of fortunes. The commodity that soared in the first half is getting pummeled early in the second as the U.S.-China trade war morphs into a currency battle, supplies pick up and signals suggest …
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(Reuters) – Australia’s Aveo Group (AOG.AX) on Tuesday revealed that Canada’s Brookfield Asset Management Inc (BAMa.TO) has offered A$1.27 billion ($859.4 million) in cash to acquire the retirement-home operator. Brookfield’s proposal values Aveo at …
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SHANGHAI/BEIJING (Reuters) – China’s official Communist Party newspaper said on Tuesday the United States was “deliberately destroying international order”, a day after Washington branded Beijing a currency manipulator in a rapidly escalating trade …
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