Category: Sale
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Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15
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This article is also available in Spanish. Former President Donald Trump forays into decentralized finance (DeFi) with his initiative, Global financial freedomhas officially begun onboarding users, and the public sale of its WLFI token is scheduled to take place on October 15. This announcement comes as the project aims to…
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Kenya seeks to stop sale of electricity in dollars
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Kenya is making another bid to stop bulk energy billing in US dollars and euros in a bid to lower electricity prices for households and mitigate Kenya Power’s foreign exchange losses. The country’s energy consumers often complain about high electricity tariffs, with some costs attributed to idle capacity charges to…
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One-third of homes for sale now chain-free as tax fears loom ahead of budget
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A third of homes currently for sale in the UK are chain-free, as landlords and second homeowners rush to sell amid speculation about potential rises in capital gains tax in the next Budget. According to Zoopla, a real estate search site, the number of agreed-upon home sales is up 25%…
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Levi Strauss announces strategic review of Dockers brand including sale By Reuters
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(Reuters) – Levi Strauss Co said on Wednesday it was considering selling its underperforming Dockers brand, known for its khaki clothing. Shares of the denim maker fell nearly 8% in extended trading after the company missed quarterly revenue forecasts and announced a strategic review of Dockers. Levi is in the…
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Levi Strauss announces strategic review of Dockers brand including sale By Reuters
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(Reuters) – Levi Strauss Co said on Wednesday it was considering selling its underperforming Dockers brand, known for its khaki clothing. Shares of the denim maker fell nearly 8% in extended trading after the company missed quarterly revenue forecasts and announced a strategic review of Dockers. Levi is in the…
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Kenya, IMF fallout deepens as State firms’ sale blocked
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A Supreme Court ruling declaring the Privatization Act 2023 unconstitutional appears set to further complicate Kenya’s efforts to secure more than Sh77.5 billion in fresh funding from the International Monetary Fund. The IMF had partly linked the financing plan to a comprehensive overhaul of state-owned enterprises, including the sale and…
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Sonic SVM announces $12.8m HyperGrid Node sale on Solana
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Sonic SVM has announced the public sale of HyperFuse Nodes, marking the first node sale within the Solana ecosystem. According to a press release shared with crypto.news, these nodes will play a vital role in the security and growth of the SVM multi-chain network, allowing operators to verify state transitions…
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Sonic SVM announces $12.8m HyperGrid Node sale on Solana
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Sonic SVM has announced the public sale of HyperFuse Nodes, marking the first node sale within the Solana ecosystem. According to a press release shared with crypto.news, these nodes will play a vital role in the security and growth of the SVM multi-chain network, allowing operators to verify state transitions…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Trintech’s owners explore $2 billion sale of financial software maker, sources say By Reuters
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Milan city win (Reuters) – Private equity firms Summit Partners and Vista Equity Partners are exploring a potential sale of financial software company Trintech, which could value the company at about $2 billion including debt, people familiar with the matter said. Trintech’s owners are working with investment bankers at Deutsche…
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Bitcoin Maxi, CEO Expects ‘$0.01 Million’ As Threshold For BTC ‘Sale’
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Bitcoin influencer and CEO of JAN3, Samson Mu, has recently made waves with his predictions about the future price of Bitcoin. He shared his bullish predictions for the price of Bitcoin in a recent post on social media site X (formerly Twitter). According to Mo, Bitcoin is in a “sell”…
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Walmart Is Seeking Up to $3.74 Billion in Sale of JD.com Stake
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(Bloomberg) — Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com, ending an eight-year partnership in a retail powerhouse now struggling with an economic slowdown and intense competition. Most Read from Bloomberg The U.S. retailer is offering 144.5 million…
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Trump to reiterate he will stop US Steel sale to Nippon By Reuters
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By Gram Slattery and David Shepardson YORK, Pa. (Reuters) – Republican presidential candidate Donald Trump will confirm on Monday that he will block Nippon Steel Corp.’s planned purchase of U.S. Steel and move to roll back power plant pollution rules put in place by the Biden administration. Trump had signaled…
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XPO has restarted sale of European transportation business – Bloomberg
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John Tetzlaff/iStock Editorial via Getty Images XPO Company (New York:XPO) has renewed the sale of its European transportation business nearly two years after cancelling a plan to sell the operations. The logistics company is working with consultants to attract potential interest in the business, according to Bloomberg Report Late Wednesday,…
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Blue Diamond Resorts Celebrates With End of the Summer Sale
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Article Content SAINT MICHAEL, Barbados, Aug. 14, 2024 (GLOBE NEWSWIRE) — Blue Diamond Resorts, a diversified and comprehensive portfolio of all-inclusive brands in the Caribbean, is turning up the heat and celebrating the end of summer with its latest travel outlet, the “End of Summer Sale.” This exciting promotion offers…
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RBC, Deutsche Bank plan US$4.5-billion debt sale for R1 RCM
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Article Content Deutsche Bank and Royal Bank of Canada are preparing to issue a $4.5 billion debt package to help finance Towerbrook Capital and Clutton Dubilier & Rice’s planned purchase of R1 RCM Inc., according to people familiar with the matter. The financing could include a leveraged loan of up…
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US agency puts onus on Amazon for sale of hazardous third-party products By Reuters
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Amazon.com Inc is liable for dangerous products sold by third-party sellers on its platform under federal safety law and bears legal responsibility for recalling them, the U.S. consumer watchdog said Tuesday. The Consumer Product Safety Commission said it has ordered the e-commerce giant to propose remedial plans to notify consumers…
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Stellantis triggers government scrutiny with Comau stake sale By Reuters
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MILAN (Reuters) – Automaker Stellantis will sell a majority stake in its robotics unit Comao to OneEquity Partners, the three companies said in a statement on Thursday, in a move aimed at supporting Comao’s expansion beyond the automotive sector. Financial details of the deal were not disclosed, but US private…
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DYdX Sale Attracts Crypto Market Makers For Buyout
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In a major development in the decentralized finance (DeFi) scene, DYDX Trading Inc., the company behind the eponymous decentralized exchange, is reportedly in talks to sell part of its derivatives trading platform to a consortium of major cryptocurrency market makers. The potential deal, which Perella Weinberg Partners is advising, could…