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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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‘Britain should find cheaper way to tackle climate change’

  Bloomberg The UK government should stop intervening in power markets and better manage its carbon budgets in order to curb the cost of tackling climate change and boost energy security. That’s the conclusion of a report by a panel of lawmakers in the House of Lords, which says government policies to encourage investment in low carbon energy have all ...

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VW’s diesel damages hit $23bn after latest charge

    Bloomberg Volkswagen AG’s provisions for the diesel-cheating scandal rose to 22.6 billion euros ($23.9 billion), as the German carmaker continues to tally damages from the worst crisis in its history. The company took a charge of 4.4 billion euros in the fourth quarter, more than double the total from the previous nine months, to reflect a settlement related ...

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