Petrobras expects CEF to sell $1.86B stake

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Source: Dukascopy Bank SA
The Brazilian state-run oil group Petroleo Brasileiro is expecting Caixa Econômica Federal to sell its $1.86B worth stake in the firm based on shares' closing price on June 7, a securities filing revealed on Monday.
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Mon, 10 Jun 2019 18:22:38 GMT

ING walks away from Commerzbank merger

The Dutch bank ING Groep decided not to pursue the merger deal with Germany's Commerzbank, following two meetings between the lenders' CEOs Ralph Hamers and Martin Zielke, which could not bring desirable results.

Mon, 10 Jun 2019 16:19:37 GMT

Raytheon, United Tech shares rise on merger approval

Shares of United Technology and Raytheon surged by 4% and 8.3% respectively on Monday, following stock market investors granted approval for its merger deal worth $121B.

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