Thursday 30 July 2015
 
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merger

Samsung C&T shareholders back key $8bn merger plan

Samsung C&T Corp shareholders have approved an $8 billion takeover offer from sister firm Cheil Industries in a close-run vote, marking a key win for Samsung Group's founding family as it seeks to pave the way for a leadership transfer a

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Abu Dhabi's Taqa denies holding merger talks

Abu Dhabi National Energy Company (Taqa) said on Thursday that it was not holding merger talks. The company "confirms that it is not engaged in merger discussions with any government or other entity", it said in a brief

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Abu Dhabi's Taqa denies holding merger talks

Abu Dhabi National Energy Company (Taqa) said on Thursday that it was not holding merger talks. The company "confirms that it is not engaged in merger discussions with any government or other entity", it said in a brief

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Omani banks sign deal on proposed merger

Oman’s Bank Sohar and Bank Dhofar have entered into a non-binding agreement on a proposed merger, the duo said, in the latest move towards consolidation in the country’s bloated banking sector. The two lenders agreed t

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Abu Dhabi mulls merger to rescue troubled Taqa

Abu Dhabi may merge its national energy company Taqa into another state-owned business to make the company's crippling debts more manageable. Founded in 2005 and the only listed quasi-sovereign company in the emirate, Abu Dhabi Nati

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Abu Dhabi mulls merger to rescue troubled Taqa

Abu Dhabi may merge its national energy company Taqa into another state-owned business to make the company's crippling debts more manageable. Founded in 2005 and the only listed quasi-sovereign company in the emirate, Abu Dhabi Nati

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Oman central bank approves Ominvest, Onic merger

The central bank of Oman has approved the proposed merger of Oman International Development and Investment Company (Ominvest) and Oman National Investment Corporation Holding, a statement from the regulator said on Tuesday. The as

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Cairn India, Vedanta boards to discuss merger

The boards of oil company Cairn India and its parent, Vedanta will meet on Sunday to discuss a potential merger, both companies said. Vedanta is the operating unit of London-listed mining and energy group Vedanta Resources.

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US hedge fund, Samsung locked in $8bn merger fight

US activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate.

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Vedanta signals potential merger of Indian units

Oil and metals producer Vedanta Resources has signalled it is considering a merger of two or more of its Indian subsidiaries, which could provide the debt-burdened units access to cash from other operations. In a statement which d

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