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Glencore hunts among US grain traders for next takeover

  Bloomberg After striking deals in Russian oil and Congolese copper mining, Glencore Plc has set its sights on the US grain-trading industry. The company sold half of its agriculture division to two Canadian pension funds for $3.1 billion last year to fund an aggressive debt-reduction plan. Now, with cash levels rebounding and support from new partners for acquisitions, the ...

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Luxury London home sales at risk as wealthy shun UK visas

  Bloomberg The number of wealthy people granted investor visas to live in the UK fell by more than 80 percent last year from the peak in 2014, a sign that luxury home sales in the capital may slump further. While so-called Tier 1 investor visas rose 12 percent in 2016, the total granted was just 215, according to government ...

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MacDonald Dettwiler to buy DigitalGlobe for $2.4 billion

  Bloomberg Canadian satellite technology firm MacDonald Dettwiler & Associates Ltd. agreed to acquire DigitalGlobe Inc. in a cash and stock deal worth C$3.1 billion ($2.4 billion), doubling the company’s size and giving itself new access to lucrative US government customers. DigitalGlobe shareholders will receive $17.50 in cash and 0.3132 MDA shares representing a premium of about 18 percent of ...

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