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Bharti weighs sale of $350 mn Infratel stake

Bloomberg Bharti Airtel Ltd., India’s largest wireless carrier, is considering selling about a 3 percent stake in its tower unit through an institutional share sale, people with knowledge of the matter said. The New Delhi-based company could pare its holding in Bharti Infratel Ltd. as soon as this month, according to the people, who asked not to be identified because ...

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Daiichi pact brings payout over drugs to $339 million

Bloomberg Daiichi Sankyo Inc.’s settlement of thousands of lawsuits blaming the company’s blood-pressure drugs for causing intestinal damage brings to $339 million the amount the drugmaker has paid for its handling of the medicines. Daiichi officials agreed on Monday to pay $300 million to resolve patient suits over its Benicar, Benicar HCT, Azor and Tribenzor blood-pressure treatments. The accord comes ...

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Thyssenkrupp mulls breakup plan B to Tata

Bloomberg Thyssenkrupp AG is considering a radical breakup plan as a possible alternative to the proposed combination of its European steel operations with India’s Tata Steel Europe Ltd., according to people familiar with the matter. Under the alternative scenario, Thyssenkrupp would retain its European steel operations and hive off most or all of the other activities, said the people, who ...

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