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Maersk Line to pay $4 billion for Hamburg Sud |
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COPENHAGEN (Reuters) - The world's biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it said on Friday.
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Siemens takes new direction by buying trip-planning firm |
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FRANKFURT (Reuters) - Germany's Siemens has moved into journey planning with the purchase of privately-owned Hannover-based firm HaCon to complement its transportation business, which it has been talking about merging with Bombardier's .
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Zodiac aims to complete Safran deal, CEO offers to go |
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PARIS (Reuters) - Zodiac Aerospace's chief executive has offered to resign after another profit warning from the French company, which said on Friday it continued to discuss a merger with Safran to end a crisis in its aircraft seats plants.
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KKR-backed group halts work on Tatts takeover offer |
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SYDNEY (Reuters) - A group backed by KKR & Co said on Friday it would not undertake further work on a takeover offer for Australia's Tatts Group Ltd after its A$6.15 billion ($4.60 billion) cash bid was rejected by the lottery operator's board.
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Pirelli hits accelerator on IPO, launches plan to cut debt |
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MILAN (Reuters) - Italian tiremaker Pirelli said on Friday it had moved forward its plans to list on a stock exchange to the last quarter of 2017 and its controlling Chinese investor was willing to cut its stake to below 50 percent in the initial public offering (IPO).
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