Hints and tips:
...Chinese companies announced some $220bn in cross-border deals last year — more than double 2015’s level....
...The R$602.8m ($148m) generated by insurance broker FPC Par Corretora de Seguros last June marked only the third IPO in Brazil since 2014, and is a far cry from 2007 when a record $32.3bn were raised from...
...Dwarfing Haitong’s deal was Fosun’s $1.5bn purchase of the country’s largest insurance company, Caixa Seguros — one of a series of European transactions by Fosun, China’s largest privately-held conglomerate...
...About half the company was sold to Elevation Partners, a private equity group whose backers include U2’s Bono, in 2006....
...The change in outlook means there is now more than a one-in-three chance that S&P will further downgrade Portugal’s debt rating within the next 12 months....
...S&P’s downgrade contained “serious inconsistencies” with the agency’s previous statements on Portugal and “overlooked the fact that estimates for 2011 GDP imply a lower recession than previously expected...
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