News Highlights: Top Equities Stories Of The Day
May 30 2016 - 4:47AM
Dow Jones News
ASR Nederland IPO Could Value Insurer at $3 Billion
The Dutch state is selling a stake of up to 40% in ASR Nederland
via an initial public offering that could value the insurer at more
than $3 billion.
Noble Group Chief Executive Alireza Resigns
Embattled commodities trader Noble Group on Monday announced the
resignation of its chief executive and the planned sale of its
prized North America energy solutions business.
Proposed $1.7 Billion Sale of Middle East Fast-Food Operator Collapses
A proposed $1.7 billion deal to sell a majority stake in the
Middle Eastern franchise rights-owner of Pizza Hut and KFC to a
local group of businessmen has collapsed.
Dutch, Belgian Postal Services Hold Unsuccessful Merger Talks
Dutch postal service PostNL said it and its Belgian counterpart
Bpost held merger negotiations that ended without an agreement.
Bayer Invites Environmental Groups to Discuss Monsanto
Bayer CEO Werner Baumann has invited environmental groups to
talk with the company about its desire to acquire U.S. competitor
Monsanto.
Suncor Starts to Bring Canadian Oil Sands Back Online
Suncor Energy Inc. said Sunday it has begun a "staged restart"
of operations near the fire-ravaged community of Fort McMurray,
Alberta.
DP World Agrees to Manage Somaliland Port for 30 Years
Dubai's DP World has agreed to manage the Somaliland port of
Berbera for 30 years, according to a person who has seen the
concession agreement. The global ports operator gains an
alternative hub to Djibouti in the Horn of Africa.
(END) Dow Jones Newswires
May 30, 2016 04:32 ET (08:32 GMT)
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