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India

Clara Denina

Cafe Rouge, Bella Italia could see nearly a third of outlets closed: sources

05 Jun 2020

LONDON Britain's high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30% of their outlets cut, two sources told Reuters, as their owner pushes ahead with talks to sell the businesses stricken by the COVID-19 crisis.

Cafe Rouge, Bella Italia could see nearly a third of outlets closed - sources

05 Jun 2020

LONDON, June 5 Britain's high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30% of their outlets cut, two sources told Reuters, as their owner pushes ahead with talks to sell the businesses stricken by the COVID-19 crisis.

RPT-Coffee maker JDE Peet's IPO wrapped up in just 72 hours - sources

01 Jun 2020

LONDON/PARIS, May 29 It took just three days to sell shares in JDE Peet's as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world's No. 2 maker of packaged coffee.

Coffee maker JDE Peet's IPO wrapped up in just 72 hours: sources

29 May 2020

LONDON/PARIS It took just three days to sell shares in JDE Peet's as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world's No. 2 maker of packaged coffee.

Morgan Stanley not given advisory role on Aramco pipeline sale: sources

29 May 2020

LONDON/DUBAI Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters.

Anglo American explores sale of South Africa's coal alongside spin-off -sources

22 May 2020

LONDON, May 22 Anglo American is still exploring a sale of its thermal coal assets in South Africa as an alternative to spinning off and listing the business, three sources familiar with the matter told Reuters.

Exclusive: Warburg Pincus explores sale of overseas energy assets - sources

07 May 2020

LONDON/NEW YORK Warburg Pincus is considering selling five of its eight international oil and gas investments after the coronavirus crisis hit demand, sources familiar with the matter said.

Exclusive: Britain hires Morgan Stanley to advise on aviation rescue plan, sources say

01 May 2020

LONDON Britain has turned to Morgan Stanley for advice on a package of measures to keep its airlines in business during the coronavirus crisis, after warnings that the industry might implode, two sources familiar with the matter told Reuters.

Petra Diamonds moves towards $650 million debt restructuring - sources

22 Apr 2020

LONDON, April 22 London-listed diamond miner Petra Diamonds is working towards restructuring its $650 million debt, as the challenges facing an industry assailed by synthetic rivals are complicated by the coronavirus pandemic hitting demand, sources said.

Saudi Aramco picks HSBC, Japan's SMBC for $10 billion loan: sources

22 Apr 2020

DUBAI/LONDON Saudi Aramco has chosen HSBC and Japan's Sumitomo Mitsui Banking Corporation (SMBC) to coordinate talks with other banks for a loan of about $10 billion the oil giant plans to seek, two sources close to the matter said.

World News