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Record-Breaking Auction For Obamas’ Book Deal Tops US$65 Million

Penguin Random House will pay more than US$65 million for the global rights to two books to be written separately…

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Carlyle Founders Plowed US$1.3 Billion Of Their Own Money

Carlyle Group LP’s three founders plowed US$1.28 billion of their own money into the firm’s funds in the past three…

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SoftBank-Backed OneWeb Set To Merge With Rival Satellite Operator

The chief executive of SoftBank, Masayoshi Son, is an inveterate deal maker. And on Tuesday, the Japanese mogul unveiled his…

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Fracking Provider STEP Seeks US$152 Million In Canadian IPO

STEP Energy Services Ltd., a fracking services provider, plans to raise about C$200 million (US$152 million) in the biggest initial…

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‘The Daily Show’ Host Trevor Noah Buys US$10 Million Penthouse

“The Daily Show with Trevor Noah” host Trevor Noah has paid US$10 million for a penthouse in Midtown Manhattan, according…

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Philip Green Agrees To Pay US$450 Million To BHS Pension Fund

After months of negotiating with the United Kingdom's pensions regulator, billionaire Philip Green has agreed to pay about US$450 million…

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Net-A-Porter Founder Joins Farfetch As Non-Executive Co-Chairman

In the year 2000 she founded what would grow out to be a pioneer in the world of online fashion…

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Burberry Surges After Belgian Billionaire Albert Frere Discloses Stake

Shares in British trench coat maker Burberry surged after Belgian billionaire Albert Frère disclosed a 3pc stake in the company.…

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Chinese Set To Buy London Cheesegrater Tower For US$1.27 Billion

An investment company of Chinese property magnate Cheung Chung Kiu is set to buy the London skyscraper nicknamed the Cheesegrater…

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