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Small disposal by cash-strapped Thomas Cook
News Thomas Cook, the travel firm which came perilously close to bankruptcy earlier this month, has sold a property in the Netherlands to boost its cash flow.
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Old Mutual to sell Finnish Skandia arm
News Old Mutual, the FTSE 100 savings and investment group, said it had agreed terms to sell the Finnish branch of Skandia Life Assurance Company to insurer OP-Pohjola osk.
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RBS shake-up could put 18,900 jobs at risk
News Royal Bank of Scotland could shut down more than half of its Global Banking and Markets (GBM) division in an operation that may offload stockbroking business Hoare Govett before a complete closure of its equity business.
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Jam tomorrow as Premier Foods sells Chivers
News Premier Foods, the struggling foods group which is racing to reduce its debt so it can meet upcoming banking covenant tests, has offloaded four of its Irish brands.
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Travis Perkins gets reduced banking facility from 2013
News Travis Perkins, the builders merchant, has announced a new banking facility today, perhaps revealing how banks and, by extension major corporations, are having to deleverage.
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Kazakhmys signs $1.5bn agreement for loan facility
News Kazakhmys has signed a memorandum of understanding with the China Development Bank Corporation for a $1.5bn loan facility which is to be used for the development of the major copper project at Aktogay, East Kazakhstan.
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Old Mutual agrees £2.1bn sale of Skandia - UPDATE
News Old Mutual, the FTSE 100 savings and investment group is to sell its Nordic business Skandia AB for £2.1bn in an effort to "reduce complexity" and pay down debt.
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Lloyds' boss to return to daily grind on January 9th
News Shares in part-nationalised lender Lloyds Banking Group rallied on Wednesday afternoon after it was announced that Group Chief Executive António Horta-Osório has been given a clean bill of health to return to his post.
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Monitise rockets on half year guidance
News Monitise, the mobile banking company, has seen its shares rocket this morning after issuing positive guidance on revenues for the six months to the end of December.
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