Month: April 2023

Vivendi set to win EU green light for Lagardere deal

Sources exclusively shared with Reuters that French media conglomerate Vivendi (VIV.PA) is set to win EU antitrust approval to buy Lagardere (LAGA.PA) after its offer to sell Editis and celebrity magazine Gala managed to address competition concerns.  The post <strong>Vivendi set to win EU green light for Lagardere deal</strong> appeared first on Reuters News Agency.
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Mexican firm seeks $380 million from Honduras over blocked unit

Documents exclusively reviewed by Reuters revealed that Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018 in a local dispute, is seeking around $380 million from the Central American country, claiming that it violated foreign investment protections. The post <strong>Mexican firm seeks $380 million from Honduras over blocked unit</strong> appeared first […]
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Angola’s next debt issuance to be ESG bond, but not in 2023

Angola’s finance minister exclusively shared with Reuters that their next sovereign debt issuance will be an ESG bond of up to $1 billion; however, they are not looking to tap the market this year. The post <strong>Angola’s next debt issuance to be ESG bond, but not in 2023</strong> appeared first on Reuters News Agency.
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Ethiopia seeking $2 billion under IMF program

Sources exclusively revealed to Reuters that Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program. While the IMF is still evaluating the country’s debt sustainability, an initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until […]
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China expected to lower fine on Ant Group to about $700 million

Reuters exclusively revealed that Chinese regulators are expected to downgrade charges against Ant Group and fine them approximately $728 million – significantly less than the $1 billion initially planned.  The post <strong>China expected to lower fine on Ant Group to about $700 million</strong> appeared first on Reuters News Agency.
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China Mobile explores acquiring Hong Kong telecom firm HKBN 

Reuters exclusively reported that state-owned China Mobile Ltd (0941.HK) is exploring a buyout of Hong Kong’s leading telecoms company HKBN Ltd (1310.HK), which could spark a bidding war for the firm currently valued at $1 billion.  The post <strong>China Mobile explores acquiring Hong Kong telecom firm HKBN </strong> appeared first on Reuters News Agency.
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