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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