ChemChina offers $2.75 billion for Australia’s Nufarm
SYDNEY (Reuters) – China National Chemical Corp (ChemChina) and U.S. private equity firms offered up to A$3 billion ($2.75 billion) on Monday for Australia’s Nufarm Ltd , a deal that would create the world’s largest generic farm chemicals firm.
NEW YORK (Reuters) – Charles Prince resigned on Sunday as chairman and chief executive of Citigroup Inc, as the bank said it may write off $11 billion of subprime mortgage losses, on top of a $6.5 billion write-down last quarter.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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