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Thyssenkrupp shareholders skeptical of Tata agreement

Bloomberg Thyssenkrupp AG’s top shareholders are skeptical about the company’s plan to combine European steel operations with Tata Steel Ltd., and have discussed voting against the proposal at a board meeting as early as next week, according to people familiar with the matter. The shareholders, which include Cevian Capital and the Alfried Krupp von Bohlen und Halbach-Stiftung foundation, or Krupp ...

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India plans to sell stake in state-run coal miner

Bloomberg PM Narendra Modi’s administration is planning to offload a stake in state-run Coal India Ltd. to speed asset sales after a disastrous attempt to find a buyer for the cash-strapped national airline, people with knowledge of the matter said. The Department of Investment and Public Asset Management is finalising the amount of stake to be offered in the financial ...

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Dentist quits Samsung to disrupt South Korean payments system

Bloomberg Lee Seung-gun’s parents told him to get his sanity checked when he quit his secure job as a dentist with the hospital arm of Samsung Group to found a mobile apps startup. Seven years and eight failed apps later, the founder of Viva Republica has a bona fide hit with payments service Toss and its 8 million registered users ...

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