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  • *Bouygues board to meet at 1600 GMT Tuesday- source. Patrick Drahi, the billionaire backer of Altice, the majority owner of France's second-biggest telecom operator Numericable-SFR, wants to buy smaller rival Bouygues Telecom as part of a deal-making spree that has seen him buy four companies in the past 18 months. Sources earlier told Reuters his bid valued...

  • MOSCOW, June 22- Russian President Vladimir Putin has signed a decree on transferring a 25 percent plus one share stake in medium-sized oil producer Bashneft to the region of Bashkortostan, Interfax news agency said on Monday. A Moscow court transferred shares in Bashneft from Sistema- a conglomerate owned by billionaire businessman Vladimir Yetuvshenkov-...

  • PARIS, June 22- European telecoms group Altice has made an offer to buy France's Bouygues Telecom through its subsidiary Numericable-SFR, the companies said on Monday, driving up shares across the French telecoms sector. Bouygues said its board would meet on Tuesday to discuss what it called Altice's "unsolicited offer", adding that no negotiations between the...

  • BOSTON, June 19- Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. "I am flattered but do not get up early enough in the morning to accept this opportunity," Icahn, 79, said in a public statement one day after Trump, 69, told cable station MSNBC that Icahn...

  • NAIROBI, June 18- U.S. private equity firm TPG will invest up to $1 billion in African companies under a tie-up with Sudanese billionaire Mo Ibrahim's Satya Capital, the companies said on Thursday. TPG is a newcomer to Africa while Satya's interests range from healthcare in Nigeria to manufacturing in Tanzania. Satya will also make available an extra $300...

  • NAIROBI, June 18- U.S. private equity firm TPG will invest up to $1 billion in African companies under a tie-up with Sudanese billionaire Mo Ibrahim's Satya Capital, the companies said on Thursday. TPG is a newcomer to Africa while Satya's interests range from healthcare in Nigeria to manufacturing in Tanzania. Satya will also make available an extra $300...

  • UPDATE 1-TPG to partner with Satya Capital in Africa Thursday, 18 Jun 2015 | 5:21 AM ET

    June 18- U.S. private equity firm TPG on Thursday agreed for a tie-up with Sudanese billionaire Mo Ibrahim's Satya Capital, to invest in African companies looking to expand in Africa and globally. TPG will invest up to $1 billion in Africa via a partnership with Satya, a person familiar with the matter told Reuters on Wednesday. Satya's founding Chairman Mo...

  • SHERBROOKE, Quebec, June 17- A Quebec judge reserved his decision on Wednesday on whether to grant a motion that would clear the way for a settlement between victims of the 2013 Lac-Megantic oil train disaster and dozens of companies and individuals linked to the crash that killed 47 people. Patrice Benoit, the lawyer representing the defunct railway at the...

  • June 17- U.S. private equity firm TPG will invest up to $1 billion in Africa through a tie-up with Sudanese billionaire Mo Ibrahim's Satya Capital, a person familiar with the matter told Reuters on Wednesday. William McGlashan, managing partner of TPG Growth, said Africa is the last major market in which his company has not yet invested, in an interview to the...

  • NEW YORK, June 17- E.L. James, the British author of the hugely successful "Fifty Shades of Grey" erotic novels, is celebrating the fictional birthday of her famous male character on Thursday with the release of her new book, "Grey," which looks set to be an instant bestseller. Publisher Vintage Books said demand for the novel, told from the viewpoint of business tycoon...

  • Congo parliament adopts new hydrocarbons code Tuesday, 16 Jun 2015 | 7:15 PM ET

    KINSHASA, June 16- Democratic Republic of Congo lawmakers have adopted a new hydrocarbons code that the country hopes will allow it to draw more benefits from its expanding oil sector. Perenco, an Anglo-French oil and gas company, is Congo's only active producer of oil, but French company Total and a company owned by Israeli billionaire Dan Gertler are exploring...

  • June 16- Tracinda Corp, the holding company founded by Kirk Kerkorian, said the billionaire's will requires the company to dispose of its stake in casino operator MGM Resorts International. Based on MGM Resorts' 563 million shares outstanding as of May 5, the stake was worth $1.75 billion as of Monday. Kerkorian, who founded MGM Resorts and was its largest...

  • DUBAI, June 16- Saudi Arabian billionaire Prince Alwaleed bin Talal and the Forbes magazine group said they had settled a libel suit over its reporting on his fortune, which he argued was billions of dollars larger than the magazine estimated. Alwaleed, whose Kingdom Holding holds stakes in high-profile Western investments from Twitter to Citigroup, Euro...

  • June 16- Kirk Kerkorian, the son of poor Armenian immigrants who used his gambler's instincts to became a multibillionaire Las Vegas casino tycoon, Hollywood mogul, airline owner and auto industry investor, died at age 98.. Three different times- in 1969, 1973 and 1993- Kerkorian built the world's biggest hotel in Las Vegas, the desert gambling capital where he...

  • DUBAI, June 16- Saudi Arabian billionaire Prince Alwaleed bin Talal said he had settled a libel suit against the Forbes magazine group over its reporting on his fortune, which he claimed was billions of dollars larger than the magazine estimated. Alwaleed, whose Kingdom Holding holds stakes in high-profile Western investments from Twitter to Citigroup, Euro...

  • TEL AVIV, June 15- Israeli start-up Mobli Media Inc is taking on Internet giants Google, Facebook and Yahoo with an innovative online search tool to find the latest photos and videos across social media, the company said on Monday. Mobli, which is backed by Mexican billionaire Carlos Slim and big-name U.S. celebrity investors Leonardo DiCaprio, Serena Williams,...

  • Alcatel's Combes to join Altice - Challenges magazine Thursday, 11 Jun 2015 | 5:03 AM ET

    PARIS, June 11- Alcatel-Lucent Chief Executive Michel Combes will leave the group that he is selling to Nokia on July 15 and join billionaire Patrick Drahi's Altice holding company from September, Challenges magazine reported. Combes will in particular be responsible for the development of telecoms group Altice in Europe, the French magazine reported.

  • NEW YORK, June 10- Warner Music Group Corp has agreed to pay hundreds of former interns more than $4.2 million to resolve a class-action lawsuit accusing the company of underpaying them. The settlement, disclosed in papers filed in Manhattan federal court on Tuesday, is the latest in a series struck by media and entertainment companies over claims they paid...

  • Marco Rubio's struggles with personal finances Tuesday, 9 Jun 2015 | 7:56 AM ET
    Sen. Marco Rubio.

    Among 2016 contenders, Marco Rubio stands out for his youth, his meteoric rise—and for persistent doubts about his financial management, The New York Times says.

  • LONDON, June 8- Shares in Germany's largest lender, Deutsche Bank, surged almost 5 percent on Monday on the appointment of a new CEO, but failed to offset a broader sell-off in European equities as bond yields and the euro rose. "Rising bond yields and the continued impasse over a new Greece deal keep investors cautious," said CMC Markets analyst Michael Hewson.