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...This “translates into an incompressible loss for our group, which is lossmaking in France,” he said....
...Vivendi’s Canal+ has made a mandatory offer to buy South Africa’s MultiChoice in a deal that values the company at $2.9bn, with the French media group saying it is confident about overcoming regulatory hurdles...
...Vivendi’s Canal+ has raised its offer to buy South Africa’s MultiChoice, Africa’s biggest pay TV group, with the companies entering exclusive talks....
...Vivendi’s Canal+ must make a mandatory offer to buy MultiChoice, Africa’s biggest pay TV group, after its stake in the company rose above 35 per cent, South Africa’s takeover panel has ruled.MultiChoice...
...In Kep province, at the canal’s projected end point along a boardwalk overlooking a group of local fishermen, there is little indication of the ambitious plans under way....
...“This project would allow investors to benefit from the merger of Canal+ and MultiChoice, the ultimate objective of the Canal+ Group being to also obtain a listing in South Africa,” the company said....
...Houthis — who claim to be targeting ships in solidarity with Palestinians under siege — but as we report today, this does not mean shipping companies are rushing back to use the strategically vital Suez Canal...
...They accounted for over half of the container shipping by volume scheduled between Asia and North America in the third quarter, according to estimates from trade analysis group MDS Transmodal....
...The militant group has launched only four notable attacks on vessels since January 26. In all but the most recent attack, on February 12, the missiles failed even to hit the vessel....
...They have been deterred by missile attacks from Iran-backed Houthi rebels on vessels in the Red Sea that the Yemeni group insist have some link to Israel....
...CMA CGM, the world’s third-biggest container shipping group, said some of its vessels were continuing to go through the Suez Canal but warned of scheduling chaos and worried clients as attacks by Houthi...
...group MDS Transmodal....
...However, it remains unlikely that shipping companies will return to the Suez Canal, security experts say. 4....
...Tomé said that UPS was in a “good position” to take advantage of the rerouting of shipments in response to the drought in the Panama Canal and the escalating conflict in the Red Sea....
...Houthi militants on ships in the Red Sea, which since November have forced vessels moving between Asia and Europe to travel the much longer route around the Cape of Good Hope instead of through the Suez Canal...
...70 per cent of all internationally traded oil, gas and chemical tankers, said in an advisory to members to “stay well away” from the Bab al Mendab strait, and for vessels travelling south via the Suez Canal...
...France’s CMA CGM, the world’s third-biggest container shipping group, said it had rerouted ships around Africa, although some were still being sent through the canal when they could get French warship escorts...
...Private equity groups are also struggling with supply chain issues and sticky inflation....
...“A break-up would make it easier to grow Canal + and Havas to their full potential....
...However, the group was working with a salvage company to have the ship towed to Djibouti....
...group, and then reinsure losses above that at Lloyd’s of London....
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
...Michael Aldwell, executive vice-president of Swiss logistics group Kuehne+Nagel said about 19,000 ships navigated through the Suez Canal each year, typically taking 30 to 40 days to complete an Asia-Europe...
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