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An Abu Dhabi-based investor has acquired 2% of Foxtons Group Plc and says he’s backing management’s plan to turn around the company.
Shimao Group Holdings Ltd.’s global creditors are gearing up to organize themselves after the luxury builder defaulted on a $1 billion dollar bond due Sunday.
Tecom Group traded unchanged in Dubai after raising $454 million in its initial public offering, in another sign of waning investor appetite for Gulf listings.
New Zealand house prices fell the most in 13 years in the second quarter as the central bank raised interest rates aggressively to curb inflation.
Fomento Economico Mexicano made an all-cash offer to buy Switzerland-based convenience store operator Valora for up to $1.2 billion.
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