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Snapple co-founder dies at 85
LONDON, July 7 (UPI) -- Britain's largest insurance company, Aviva PLC, said Friday it is talking with AmerUS Group Co. about buying the U.S. rival.
AmerUS, which is based in Des Moines, Iowa, and confirmed the takeover talks, is worth about $2.3 billion, the Times of London said.
AmerUS cautioned that there "can be no assurance that these discussions will result in any transaction."
Any deal would most likely require the use of internal cash, fresh debt and a new share issue, the newspaper said.
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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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