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Suez board rejects Veolia's takeover offer

French waste and water management firm Suez said on Friday its board had unanimously rejected Veolia's offer of 18 euros per share, formalising opposition to a bid after months of wrangling between the rivals.

AT&T to sell minority stake in DirecTV to buyout firm TPG Capital

Wireless carrier AT&T Inc said on Thursday it will sell about a third of its stake in satellite TV unit DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion, well below the $68 billion it paid for the asset less than six years ago.

LVMH-backed fund buys majority stake in Birkenstock

Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the orbit of the French luxury powerhouse.

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