Month: May 2023

Pakistan makes its first purchase of discounted Russian oil

Reuters exclusively revealed that Pakistan has placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow that offers Russia a new outlet, adding to Moscow’s growing sales to India and China as it redirects oil from western markets due to the Ukraine conflict. The post Pakistan makes its […]
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Subway comes up with debt plan to clinch $10 billion-plus sale

Reuters was first to report on Sunday that the bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition financing plan, hoping to overcome a challenging environment for leveraged buyouts and fetch the company’s asking price of more than $10 billion. So far, […]
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