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European shares muted as investors brace for data-packed week

UPDATE 2-European shares muted as investors brace for data-packed week For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Hannover Re up after H1 results BT jumps as India's Bharti to buy 24.5% stake from Altice Vestas drops after trimming FY profit margin outlook STOXX 600 flat Updated at 1600 GMT By Pranav Kashyap and Ankika Biswas Aug 12 (Reuters) - gtgEurope's benchmark stock index was subdued on Monday , erasing early gains, w ith inve
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German commercial property prices drop but show some stabilisation

UPDATE 2-German commercial property prices drop but show some stabilisation Adds graphic, background in paragraphs 5-10 By Tom Sims FRANKFURT, Aug 12 (Reuters) - German commercial property prices fell 7.4% in the second quarter from a year earlier but showed signs of stabilisation, the VDP banking association said on Monday, as the country's real estate sector grapples with its worst crisis in decades.
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Euro zone equities "less than stellar" - Pictet AM

LIVE MARKETS-Euro zone equities "less than stellar" - Pictet AM STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures mixed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EURO ZONE EQUITIES "LESS THAN STELLAR" - PICTET AM Pictet Asset Management has downgraded its rating on European equities to neutral from overweight, even though the
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Banks: a good entry point?

LIVE MARKETS-Banks: a good entry point? STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures mixed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BANKS: A GOOD ENTRY POINT? Just as with tech, dip buyers are also showing up for Europe's battered banking sector, even though there still could be fresh bouts of volatility before things p
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds PetIQ; Updates KKR, Saudi Aramco Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Private equity firm Bansk Group will acquire pet health company PetIQ PETQ.O for about $1.5 billion in cash, the companies said. nL4N3JU1T4 ** U.S. private equity firm KKR & Co KKR.N plans to help Japanese system developer Fuji Soft 9749.T go private under a management buyout worth about 600 billion ye
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** U.S. private equity firm KKR&Co KKR.N plans to help Japan's Fuji Soft 9749.T go private under a management buyout worth about $4.09 billion, the Nikkei website said. nL1N3JU0HM ** British ad group WPP WPP.L is selling its controlling stake in financial PR agency FGS Global to minority shareholder KKR for $775 million in cash, which it will
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Fondo pensione canadese Omers e Dws acquisiranno Grandi Stazioni Retail

Fondo pensione canadese Omers e Dws acquisiranno Grandi Stazioni Retail LONDRA, 6 agosto (Reuters) - Il fondo pensione pubblico canadese Omers (Ontario Municipal Employees Retirement System) e l'asset manager Dws Group DWSG.DE hanno raggiunto un accordo per l'acquisizione di Grandi Stazioni Retail. Lo hanno dichiarato le due aziende. L'accordo valuta Grandi Stazioni Retail, di proprietà di Antin Infrastructure Partners ANTIN.PA , Icamap e Borletti Group, tra 1,2 e 1,3 miliardi di euro, secondo
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Canadian pension fund OMERS, DWS to acquire Italy's group Grandi Stazioni Retail

Canadian pension fund OMERS, DWS to acquire Italy's group Grandi Stazioni Retail By Andres Gonzalez LONDON, Aug 6 (Reuters) - Canadian public pension fund OMERS and DWS Group DWSG.DE reached a deal to acquire Grandi Stazioni Retail, the two investors said on Tuesday. The deal values Grandi Stazioni Retail, owned by Antin Infrastructure Partners ANTIN.PA , ICAMAP and Borletti Group, at between 1.2 and 1.3 billion euros, according to a person with knowledge of the deal.
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Top of the Street: Sika, Haleon, Anglo American, VAT Group

BUZZ-Top of the Street: Sika, Haleon, Anglo American, VAT Group A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Stifel raises Swiss chemicals maker Sika SIKA.S to "buy" from "hold" after it increased its PT to CHF 270, which implies an upside of 11%, following the recent share price drop ** Goldman Sachs cuts consumer healthcare company Haleon HLN.L to "neutral" from "buy", as it sees limited catalysts to drive near term price performance, with Pfizer's
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Deutsche Bank Private Bank Appoints Two Market Heads For Global South Asia

BRIEF-Deutsche Bank Private Bank Appoints Two Market Heads For Global South Asia Aug 6 (Reuters) - DEUTSCHE BANK DBKGn.DE : DEUTSCHE BANK PRIVATE BANK APPOINTS TWO MARKET HEADS FOR GLOBAL SOUTH ASIA PUNEESH NAYAR, MANAGING DIRECTOR, JOINS AS MARKET HEAD IN SINGAPORE NICK MALIK REJOINED THE BANK AS MARKET HEAD BASED IN DUBAI EARLIER IN YEAR Further
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Two of Jeffrey Epstein's close advisers can face victims' claims

Two of Jeffrey Epstein's close advisers can face victims' claims Judge: Victims can seek class action 'at the right time' Victims seek accountability from lawyer, accountant Defendants reject claims they were complicit in abuses By Jonathan Stempel NEW YORK, Aug 5 (Reuters) - A U.S. judge said two close advisers to the late Jeffrey Epstein can be sued by victims who accused them of aiding and abetting the disgraced financier's sex trafficking of young women and teenage girls.
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European banks at March lows amid global sell-off

European banks at March lows amid global sell-off Aug 5 (Reuters) - Shares in European lenders tumbled in early trading on Monday as investor fears mounted over the possibility that the United States could be heading for recession, after surprisingly weak employment data on Friday. The region-wide banking index .SX7P shed some 4.4%, hitting its lowest since March.
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Lenders to India's Go First vote for liquidating airline, sources say

Lenders to India's Go First vote for liquidating airline, sources say By Siddhi Nayak MUMBAI, Aug 5 (Reuters) - Lenders to India's Go First have decided to liquidate the company's assets after rejecting bids by interested suitors to revive the bankrupt airline, two banking sources said. Go First, which filed for bankruptcy in May last year, had received two financial bids under the bankruptcy process.
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Citigroup's head of Australian investment banking Alex Cartel leaves bank, memo sows

MOVES-Citigroup's head of Australian investment banking Alex Cartel leaves bank, memo sows By Scott Murdoch SYDNEY, Aug 5 (Reuters) - Citigroup's head of Australian and New Zealand investment banking Alex Cartel has left the bank, according to a memo seen by Reuters on Monday. Cartel will join Rothschild, local media reported. Cartel joined Citi more than four years ago and served as head of its local banking, capital markets and advisory group which covers investment banking.
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RBC, Deutsche Bank plan $4.5 bln debt sale for R1 RCM buyout- Bloomberg News

MEDIA-RBC, Deutsche Bank plan $4.5 bln debt sale for R1 RCM buyout- Bloomberg News -- Source link: https://tinyurl.com/2a9bzpth -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Hugo Boss rises on implementation of cost saving measures

BUZZ-Hugo Boss rises on implementation of cost saving measures ** Shares in Hugo Boss BOSSn.DE rise 4% as the German fashion house says it is focusing on cost saving measures after confirming a 42% drop in Q2 EBIT ** "We have also taken additional measures to enhance efficiency and effectiveness across our business, capitalizing on our robust organ
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CBIZ to acquire accounting firm Marcum in $2.3 bln deal

UPDATE 2-CBIZ to acquire accounting firm Marcum in $2.3 bln deal Adds details and context throughout July 31 (Reuters) - Financial services and insurance provider CBIZ CBZ.N said on Wednesday it would buy Marcum, one of the biggest accounting services providers in the United States, in a $2.3 billion cash-and-stock deal. The accounting market in the U.S.
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Firms 'pull forward' debt sales to avoid US election bump: Dolan

RPT-COLUMN-Firms 'pull forward' debt sales to avoid US election bump: Dolan Repeats column published earlier, no change to text By Mike Dolan LONDON, July 31 (Reuters) - Corporate credit markets shrugged off last week's equity wobble, setting aside any anxiety about the wider economy, allowing even low-rated firms to raise new debt with ease. For many investors, so-called junk credit is the canary in the coalmine.
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EIB and Deutsche Bank team up to support EU wind power industry

EIB and Deutsche Bank team up to support EU wind power industry EIB grants 500 mln euros counter-guarantee to Deutsche Bank Represents 10% slice of 5 bln euro initiative for wind EU industry challenged by raft of supply chain troubles By Vera Eckert FRANKFURT, July 31 (Reuters) - The European Investment Bank (EIB) will provide a 500 million euros ($540 million) guarantee to Deutsche Bank DBKGn.DE to help the lender support Europe's wind power industry, the two organisations and the European Comm
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Bodycote, Croda, Spectris

EUROPE RESEARCH ROUNDUP- Bodycote, Croda, Spectris July 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bodycote, Croda and Spectris, on Wednesday. HIGHLIGHTS * Bodycote Plc BOY.L : HSBC cuts target price to 940p from 950p * Bucher Industries AG BUCN.S : Berenberg cuts target price to CHF 464 from CHF 470 * Croda CRDA.L : HSBC cuts target price to 4400p from 4800p * Spectris Plc SXS.L : JP Morgan raises target price to 2,950p fr
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