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Iberdrola – powering down

Nationalisation of the Spanish energy utility’s Bolivian operations was not unexpected: it was restructuring anyway. The investor sell-off is overdone.

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GLOBAL MARKETS-U.S. fiscal deal prompts rally in stocks, commodities

* Global shares jump after U.S. Congress passes budget deal
* Dollar down, euro rises on increase in risk appetite
* Oil jumps as commodities join rally in risky assets

By Ryan…

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CVC Capital Partners buys Italy’s Cerved for 1.13 bln euros

MILAN, Jan 2 (Reuters) – Funds advised by CVC Capital
Partners said on Wednesday they had agreed to buy Italy’s
business credit data provider Cerved from private equity firms
Bain Capital and…

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