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CORRECTED-INSIGHT-Kenya moves to regulate fintech-fuelled lending craze

NAIROBI, May 25 Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without a bank account.

Deals of the day-Mergers and acquisitions

May 25 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

UPDATE 1-Trump lawyer met Russian oligarch shortly before inauguration -source

WASHINGTON, May 25 A Russian oligarch with links to the Kremlin met Donald Trump's lawyer Michael Cohen at the Trump Tower in New York City less than two weeks before Trump's inauguration as president, a source familiar with the meeting said on Friday.

Financials May 25 2018

REFILE-Trump lawyer met Russian oligarch shortly before inauguration - source

WASHINGTON, May 25 A Russian oligarch with links to the Kremlin met Donald Trump's lawyer Michael Cohen at the Trump Tower in New York City less than two weeks before Trump's inauguration as president, a source familiar with the meeting said on Friday.

Financials May 25 2018

EU mergers and takeovers (May 25)

BRUSSELS, May 25 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

UPDATE 2-Icahn sells some of his Herbalife shares, remains biggest investor

BOSTON, May 25 Billionaire investor Carl Icahn, who spent years defending Herbalife Nutrition Ltd against prominent short-seller William Ackman, said on Friday that he has sold some of his shares in the nutrition and weight loss company because the position had become too big for him.

UPDATE 2-China's CITIC pays CEFC's Czech debts to end spat, to take over J&T stake

* CITIC also to take CEFC's stake in JTFG (Adds payment made, amount, CITIC comment)

Regulated banks wary of highly leveraged Vertafore deal

NEW YORK, May 25 (LPC) - US insurance software provider Vertafore has chosen banks that are not subject to leveraged lending guidance to lead an aggressive US$2.4bn dividend recapitalization, which shows that regulated lenders are still wary of highly leveraged deals.

UPDATE 2-ATON raises bid for South Africa's Murray & Roberts, ups stake to 44 pct

JOHANNESBURG, May 25 German investment house ATON raised its takeover offer for Murray & Roberts by about 13 percent to $426 million on Friday, attempting to secure investor backing after the South African builder struck a deal of its own last week.

Financials, May 25 2018

Eni working on bid for Terra Firma solar assets in Italy - CEO

ST PETERSBURG, May 25 Italian oil major Eni is working on a joint bid for Terra Firma's solar assets in Italy with Qatar Petroleum, Eni CEO Claudio Descalzi told Reuters on the sidelines of the St Petersburg Forum on Friday.

Financials, May 25 2018

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