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Industry, Materials & Utilities Headlines

LPC: Once struggling loans return on red-hot demand

NEW YORK, Feb 24 Web conferencing provider Premiere Global Services (PGi) is considering a return to the loan market to reprice its debt and even add a little more to pay a dividend after struggling to sell the same buyout-related debt last year, illustrating growing demand for US leveraged loans.

EU mergers and takeovers (Feb 24)

BRUSSELS, Feb 24 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Ardagh plans IPO in New York this quarter -chairman

DUBLIN, Feb 23 Packaging conglomerate Ardagh Group is well advanced with plans to launch an initial public offering (IPO) and intends to float on the New York Stock Exchange later this quarter, chairman Paul Coulson said on Thursday.

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Democrats pick Perez to lead party against Trump

ATLANTA U.S. Democrats elected former Labor Secretary Tom Perez as chairman on Saturday, choosing a veteran of the Obama administration to lead the daunting task of rebuilding the party and heading the opposition to Republican President Donald Trump. | Video