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Mutual Fund Center

Former Etisalat Nigeria, 9mobile, appoints Citi, Standard Bank to find new investors

LAGOS, July 25 9mobile, formerly Etisalat Nigeria, has appointed Citigroup and South Africa's Standard Bank to manage a sale process for the telecoms company and has received interest from three investors, a banking source close to the deal said on Tuesday.

FTSE Russell says majority support voting rights for index inclusion

BOSTON, July 25 Index provider FTSE Russell said on Tuesday that a majority of investors it surveyed supported its suggestion that companies should offer at least some voting rights in order to be included in its stock indexes.

UPDATE 1-Toshiba board to meet Wednesday, weigh offers for chip unit - source

* Toshiba also weighing offers from Western Digital, Foxconn -source (Adds details on auction, bidders)

Toshiba board to meet Wednesday, weigh offers for chip unit -source

TOKYO, July 25 Toshiba Corp's board is set to meet on Wednesday to weigh three offers for its chip unit, including bids from Western Digital and Taiwan's Foxconn in addition to one by a consortium which was previously a clear favourite, a source familiar with the matter said.

Blackrock, Lightsource target 1 bln stg UK solar power portfolio

LONDON, July 25 Asset manager Blackrock and solar energy firm Lightsource have agreed to jointly create a 1 billion pound ($1.3 billion) portfolio of solar power assets in Britain over the next three years, the two companies said on Tuesday.

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