Fairfax to acquire 19% stake in Ireland's FBD

Source: Dukascopy Bank SA
According to the FBD CEO Fiona Muldoon, Canada's investment firm Fairfax is set to take a 19% stake in the Irish insurer that could make the Canadian group its largest shareholder.
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Wed, 01 Aug 2018 11:34:55 GMT

South Korean CJ seeks buying US food firm Schwan's for $1.8B

South Korea's food titan CJ CheilJedang is one of the bidders who is seeking to acquire the US food firm Schwan's Company in a potential $1.79B deal.

Wed, 01 Aug 2018 10:11:08 GMT

China lets its currency decline

The usually currency controlling authorities of China have allowed its currency to decline into a consecutive fifth month of depreciation.

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