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Monday, April 27, 2020

Mirae Asset says sued after deadline miss on $5.8 billion Anbang U.S. hotels deal

South Korean asset manager Mirae Asset Global Investments has been sued over a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group after missing a deadline for the deal's closing, a Mirae spokesman said on Tuesday.


from Reuters: Business News https://ift.tt/3cRDjrv

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Wegovy maker warns price cuts 'painful' for firm as shares plunge

Novo Nordisk is facing "unprecedented" price pressures, "intensifying competition" and patents expiring. from BBC News...