| | | Meredith to buy U.S. publisher Time in Koch-backed deal | | | (Reuters) - U.S. media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch. |
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| | | Pearson brings in $100 million with Wall Street English sale | | | LONDON (Reuters) - Education group Pearson has agreed the sale of its Wall Street English (WSE) business to Baring Private Equity Asia and CITIC Capital for around $300 million, although its proceeds from the deal will be just a third of that. |
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| China explosives maker to buy coal miner for $3.1 billion | | | BEIJING (Reuters) - Chinese explosives maker Anhui Leimingkehua Co Ltd said on Monday it would acquire a state-run coal miner in a $3.1 billion deal as part of the Chinese government's push to boost efficiency at state-owned enterprises. |
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| | | ThyssenKrupp kicks off talks with union on steel merger | | | ESSEN, Germany (Reuters) - Managers and labor leaders at Germany's ThyssenKrupp have struck a conciliatory tone as they seek to resolve a dispute over job cuts resulting from a planned merger of its steel operations with those of India's Tata Steel . |
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