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Adcock takeover offer may push company value to $1.5bn
Adcock Ingram, SA’s largest supplier of hospital products, may gain a further 12% from a 30-month high after it got takeover offers.
Oil prices drop amid US economic concerns
Oil prices slipped more than a barrel on Monday as traders worried that the flagging United States economy would cause oil demand to soften. Oil’s sharp decline started last…
JPMorgan offers Bear Stearns staff bonuses to stay
JPMorgan Chase is offering bankers at Bear Stearns bonuses to stay and support the controversial takeover, a person familiar with the situation said on Thursday. Those employees…
JP Morgan to buy Bear, Fed opens lending to Wall Street
JP Morgan Chase set a deal to buy stricken rival Bear Stearns for a rock-bottom price, while the United States Federal Reserve expanded lending to securities firms for the first…