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Vocus ends takeover talks with KKR, as FY profit hit by AUD 1.5 bln impairment
2017-08-21 09:23:00| Telecompaper Headlines
(Telecompaper) All takeover discussions between Australian operator Vocus and KKR have ceased, with the US investment house saying it is unable to come out with terms acceptable to the Vocus board. KKR made a bid in June for the company at AUD 3.50 per share. Vocus then received another takeover offer from private equity group Affinity, in July. Giving its preference to KKR, Vocus provided the investment firm with the opportunity to conduct due diligence on a non-exclusive basis but the parties were unable to reach a mutually acceptable deal.
Hudson's Bay ends CFO search, taps JC Penney's Record
2017-08-18 12:10:00| Daily apparel & textile news and comment - from just-style.com
Canadian retailer Hudson's Bay Company (HBC) has named former JC Penney and Stage Stores executive, Edward Record, as its new chief financial officer.
OPB: Rain At Last - Portlands 57-Day Dry Spell Ends In A Drizzle
2017-08-14 17:47:51| PortlandOnline
News story posted to OPB.org August 13, 2017.
FTSE ends down as shares hit by US-North Korea tensions
2017-08-11 18:08:58| BBC News | Business | UK Edition
The UK stock market falls 1.1% as investors look for safer assets.
Ethiopia ends 10-month state of emergency
2017-08-08 17:09:27| Daily apparel & textile news and comment - from just-style.com
The Ethiopian government has lifted a 10-month-long national state of emergency imposed last October - in a move that will be welcomed by the many textile and apparel firms investing in and sourcing from the country.
Tags: state
ends
emergency
ethiopia
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