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Jones Lang LaSalle buys S.African property firm

JOHANNESBURG, March 31 (Reuters) – Jones Lang LaSalle (JLL.N: Quote, Profile, Research, Stock Buzz), one of the world’s largest real estate services companies, is buying a South African rival for an...

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South Africa wants Freeworld takeover blocked

JOHANNESBURG, March 31 (Reuters) – South Africa wants the country’s competition watchdog to block the hostile takeover of Freeworld Coatings (FWDJ.J: Quote, Profile, Research, Stock Buzz) by Japanese...

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S.African M&R’s new CEO plans to overhaul finances

JOHANNESBURG, March 31 (Reuters) – The newly appointed head of South African builder Murray & Roberts (M&R) (MURJ.J: Quote, Profile, Research, Stock Buzz) said his priority was to improve the...

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SAfrica’s Telkom sells part of Multi-Links

JOHANNESBURG, April 1 (Reuters) – Africa’s largest telephone group Telkom (TKGJ.J: Quote, Profile, Research) is selling part of its loss-making Multi-Links operation in Nigeria for $52 million to...

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Kansai accepts conditions on Freeworld buy

JOHANNESBURG (Reuters) – Japan’s Kansai Paint will sell a unit, build a new plant and agree to preserve jobs to secure regulatory approval for its $260 million hostile bid for South Africa’s Freeworld...

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S.Africa’s PPC down on earnings outlook

JOHANNESBURG, April 20 (Reuters) – Shares in PPC (PPCJ.J: Quote, Profile, Research, Stock Buzz) dropped more than 4 percent in early trade on Wednesday after the earnings forecast for South Africa’s...

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MTN investors fret over ARPU, trim shares

JOHANNESBURG, May 6 (Reuters) – Customers of MTN (MTNJ.J: Quote, Profile, Research, Stock Buzz) spent less on calls in the first quarter, the company said, prompting a 2-percent fall in the shares of...

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Pakistan PM flies to Quetta to meet protesters

QUETTA, Pakistan (Reuters) – Pakistani Prime Minister Raja Pervez Ashraf flew to the city of Quetta on Sunday to meet local Shi’ites holding a protest alongside the bodies of family members killed in...

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Pakistan Prime Minister flies to Quetta to meet protesters

QUETTA, Pakistan (Reuters) – Pakistani Prime Minister Raja Pervez Ashraf flew to the city of Quetta on Sunday to meet local Shi’ites holding a protest alongside the bodies of family members killed in...

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Protests by Pakistani Shi’ites spread to main port city

QUETTA, Pakistan (Reuters) – Protests against attacks on Shi’ites spread across Pakistan on Sunday as the prime minister flew to the western city of Quetta to meet mourners who refused to bury their...

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