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Japan crypto exchange’s $400mn NEM token loss spooks investors

Bloomberg The disclosure that one of Japan’s biggest cryptocurrency exchanges lost about $400 million in NEM tokens is spooking investors in a country still wary of such venues four years after the collapse of Mt. Gox. After hours of speculation, Coincheck Inc. said the coins were sent “illicitly” outside the venue. Co-founder Yusuke Otsuka said the company didn’t know how ...

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Permira to buy Australia’s I-Med for $1.1 billion

Bloomberg Permira has agreed to buy Australia’s I-Med Radiology Network from EQT Partners and other investors, the Swedish buyout firm said in a statement. Permira, the London-based private equity firm, will pay about $1.1 billion for I-Med, according to people with knowledge of the matter, who asked not to be identified because the details are private. The transaction, Permira’s first ...

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Khosrowshahi to make first Asia visit as Uber CEO in Feb

Bloomberg Uber Technologies Inc.’s Dara Khosrowshahi has scheduled his first visit to Asia since taking over as chief executive officer amid questions about the ride-hailing giant’s future in the region. Khosrowshahi will visit Japan and India during the week of February 19 to meet business and government leaders, said Chris Brummitt, a spokesman for Uber. The CEO will discuss ways ...

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