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Stock Market & Financial Investment News

News Breaks
January 17, 2014
07:54 EDTKKR, BASFY, RWEOYRWE DEA unit attracts several bidders, Reuters reports
Three bidders are expected to make initial offers for RWE DEA, the oil and gas exploration and production unit of German utility RWE (RWEOY), sources say, reports Reuters. Bids are expected to be submitted by Wintershall, BASF's ( BASFY) oil and gas unit, Russian billionaire Mikhail Fridman, and a consortium consisting of U.S. private equity firm KKR (KKR), and Kufpec, a part of Kuwait Petroleum, sources added.Reference Link
News For RWEOY;BASFY;KKR From The Last 14 Days
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September 2, 2015
17:47 EDTKKRCarlyle, KKR explore bids for Petco, WSJ says
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06:13 EDTKKRTesco selects MBK as preferred bidder for South Korean unit, Reuters says
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August 28, 2015
11:20 EDTRWEOYRWE partners with Siemens, Green Bank on U.K. wind farm, Bloomberg says
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August 26, 2015
07:39 EDTKKRPiper Jaffray lowers estimates for asset managers below consensus
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August 25, 2015
07:08 EDTBASFYBASF added to Best of Bernstein list at Bernstein
Bernstein believes that the decline of BASF's stock has created a buying opportunity, as the firm thinks that the company's fundamentals remain strong. Bernstein predicts that the company will generate 6% EBIT growth this year, beating the consensus outlook and its guidance. It keeps an Outperform rating on the shares.
06:16 EDTKKRKKR, Carlyle bid for Tesco's South Korean unit, Reuters reports
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