S&P Global to buy IHS Markit in deal valued at $44 billion

(Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger, creating a heavyweight in the increasingly competitive market in financial information.FILE PHOTO: The S&P office is seen at right in Canary Wharf in London, Britain March 6, 2020. REUTERS/Kevin CoombsThe mega deal, which includes […]

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Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion

(Reuters) – Exchange operator Nasdaq Inc NDAQ.O said on Thursday it would buy anti-financial crime management products firm Verafin for $2.75 billion in cash. Verafin, founded in 2003, provides more than 2,000 financial institutions in North America a cloud-based platform to help detect, investigate, and report money laundering and financial fraud. The deal will strengthen Nasdaq’s existing regulatory technology and […]

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Bicycle maker Dorel to go private in $354.3 million deal

(Reuters) – Canadian bicycle maker Dorel Industries Inc DIIb.TO said on Monday it has agreed to be taken private by a group led by private equity firm Cerberus Capital Management in a deal valued at about C$470 million ($354.3 million). Shares of Dorel were up 3.5% at C$14.90 in afternoon trade. Under the terms of the deal, affiliates of Cerberus […]

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Australia's AMP says Ares buyout offer values it at $4.5 billion

SYDNEY (Reuters) – Embattled Australian wealth manager AMP Ltd AMP.AX on Monday said a conditional buyout offer from U.S.-based Ares Management Corp ARES.N had an implied value of A$6.36 billion ($4.47 billion), triggering a jump in its share price.FILE PHOTO: The logo of Australia’s biggest wealth manager, AMP Ltd, adorns their head office building in Sydney, Australia, October 28, 2016. […]

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LSE to ask shareholders to approve Borsa Italiana sale

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby MelvilleLONDON (Reuters) – The London Stock Exchange Group LSE.L said on Wednesday it will hold a general meeting next month to ask shareholders to approve the sale of its Borsa Italiana operations to pan-European exchange Euronext ENX.PA. The meeting will […]

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Kim Jong-un shows off ‘monster’ nuclear missile at North Korea military parade

Kim Jong-un unveiled a "monster" of an intercontinental ballistic missile at a gigantic military parade in North Korea today. Analysts said the missile, which was shown on a transporter vehicle with 11 axles, would be one of the largest road-mobile intercontinental ballistic missiles (ICBMs) in the world if it becomes operational. "This missile is a monster," said Melissa Hanham, deputy […]

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Security company G4S gets interest from Allied Universal Security Services

FILE PHOTO: Rugby League – Huddersfield Giants v Warrington Wolves Carnegie Challenge Cup Semi Final – City of Salford Stadium – 15/7/12 G4S security staff at the game Mandatory Credit: Action Images / Carl Recine Livepic/File Photo(Reuters) – G4S Plc GFS.L said on Friday U.S.-based Allied Universal Security Services has expressed interest regarding a possible offer for the British company, […]

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