BlackRock Australia Fixed-Income Head Sees A$ At Parity in ’13

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Cleco To Be Bought Out By Investor Group For $55.37 Per ShareComments Off

Cleco Corp. , a Louisiana-based public utility holding company, said it will be bought out by a group of North American investors for $55.37 per share in cash, an agreement that values the company at $3.47 billion, plus the assumption of $1.3 billion o…

Marc Andreessen Stepping Down From EBay’s BoardComments Off

Business venture capitalist Marc Andreessen is resigning from eBay Inc.’s board, the e-commerce heavyweight said Monday.

Shares in Dutch feed company Nutreco surgeComments Off

Shares in Dutch animal and fish feed supplier Nutreco NV have surged after the company announced a management-backed 2.69 billion ($3.43 billion) takeover offer from privately-owned trading company SHV Holdings.

Electrolux third-quarter profits, sales upComments Off

Electrolux says third-quarter growth in the Americas and increased efficiency in Europe helped the home-appliance maker achieve a 42 percent jump in earnings, with overall sales growth of more than 5 percent.

Germany’s tax take still rising as growth coolsComments Off

New data show that the German government’s tax receipts are still rising as Berlin faces cooling growth prospects at home and pressure from abroad to increase spending.

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