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Telecoms group Iliad formally launches 1.4 billion euro capital increase

Telecoms group Iliad formally launches 1.4 billion euro capital increase

PARIS (Reuters) – French telecoms and media group Iliad formally launched on Monday its previously announced plan for a 1.4 billion euros ($1.6 billion) capital increase, which will be used to finance a share buyback offer. Iliad, which runs the Free telecoms and internet service, said the capital increase would be priced at 120 euros [...]

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Samsung Display says it is considering building a factory in India

Samsung Display says it is considering building a factory in India

SEOUL (Reuters) – Samsung Display, a flat-screen supplier to Samsung Electronics Co, will invest nearly $500 million to build a new factory in India, media reports said, citing a regulatory filing. The South Korean company told Reuters that it was considering building a factory in India, without elaborating further. The new factory will be built [...]

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Tencent says to step up investment overseas and in smart retail

Tencent says to step up investment overseas and in smart retail

BEIJING (Reuters) – Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as “smart retail”, having already invested in more than 800 companies. Those firms include 70 listed companies and over 160 are valued at more than $1 billion, according a speech made by Tencent President Martin [...]

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