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...(FT) News round-up US private equity group to buy Sophos for $3.9bn (FT + Lex) Saks owner joining Authentic Brands in nearly $270m for Barneys (WSJ) KKR buys majority stake in UK ‘altnet’ Hyperoptic...
...It was 1912 when Thomas Edison laid out his vision for a new industrial civilisation in a letter to Henry Ford....
...On Tuesday, its place in the index will be taken by Walgreens Boots Alliance, the pharmacy owner that straddles the Atlantic....
...A survey of US smartphone owners by Edison Research this year found just 1 per cent had downloaded Rdio’s app compared with 50 per cent for Pandora and 9 per cent for Spotify....
...Tri Pointe Homes has agreed to buy the housebuilding division of Weyerhaeuser, one of the world’s largest forest owners, in a deal valued at $2.7bn....
...Pacific Crossing, based in Bermuda, has about 20 owners, led by Strategic Value Partners of Connecticut and other hedge funds, some of which bought in at corporate valuations above $400m....
...Among the other prospective owners of the plant were Gaz de France, Centrica of the UK and Germany's Eon and RWE....
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