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GE faces probe for misleading EU over $1.7 billion deal

Bloomberg General Electric Co. is the latest US company to be investigated by European Union for possibly turning in misleading information during a merger review, according to two people familiar with the GE case. The European Commission is reviewing whether GE misled EU officials examining a deal to buy LM Wind Power, a maker of wind-turbine blades, for 1.5 billion ...

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London home sellers shrug off election, raise asking prices

Bloomberg London house prices rebounded in May, rising to a record as buyers and sellers defied the usual trend of holding off on property transactions before an election. The average asking price in the city rose 2.1 percent from April to 649,864 pounds ($846,000), property website Rightmove Plc said on Monday, even with the upcoming UK general election on June ...

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Clariant to buy Huntsman for $6.4bn as M&A surges

Bloomberg Clariant AG agreed to buy Huntsman Corp. in an all-stock deal valuing the US company at about $6.4 billion, extending a record run in transactions in the global chemicals industry. Huntsman holders will get 1.2196 shares in the new company, to be called HuntsmanClariant, for each share they own, with Clariant emerging with a 52 percent stake, the two ...

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