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Afghanistan and Pakistan return to Istanbul for more peace talks – Reuters
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Ultrasound probe maps real-time blood flow across entire organs – Physics World
Ultrasound probe maps real-time blood flow across entire organs – Physics World
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Spain’s Hidalgo family, through Globalia, will continue to be the majority shareholder of Air Europa, while British Airways owner IAG will retain its current 20% stake through the purchase of shares from Globalia.
Turkish Airlines has said it has no plans to increase the stake.The transaction, which will close once regulatory requirements have been met in about 6 to 12 months, values Air Europa at approximately 1.2 billion euros ($1.4 billion).
The deal is a rare case of a non-European carrier buying a stake in an airline on the continent and comes as airlines are looking to consolidate the continent’s fragmented market by snapping up smaller struggling operators.
Turkish Airlines beat European rivals Lufthansa (LHAG.DE) and Air France-KLM (AIRF.PA) to secure the agreement to share control of the carrier with the Hidalgo family.After announcing the deal, Air Europa said it had repaid a loan of almost 500 million euros from Spain’s state-owned industrial holding company SEPI one year ahead of schedule.
Reuters first reported in June that Turkish Airlines was interested in buying a minority stake.($1 = 0.8575 euros)
Reporting by Emma Pinedo; Editing by Charlie Devereux and Conor Humphries
Our Standards: The Thomson Reuters Trust Principles.
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Groping of Mexico’s president puts violence against women in spotlight
Mexico’s President Claudia Sheinbaum attends a press conference at the National Palace in Mexico City, Mexico, November 3, 2025. — Reuters - Assault took place on short walk between meetings.
- President files…
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Iran and Pakistan can jointly counter Israeli expansionism
Mohammad Bagher Ghalibaf, who is visiting Pakistan at the head of a parliamentary delegation, met with Ayaz Sadiq at the National Assembly in Islamabad.
Expressing satisfaction with his visit, Ghalibaf thanked the Pakistani people for their…
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A&O Shearman Advises on Debt Deal
A&O Shearman has advised DSBJ PTE. LTD., a subsidiary of Suzhou Dongshan Precision Manufacturing Co., Ltd (DSBJ), an industrial group listed on the Shenzhen Stock Exchange, on the acquisition of Groupe Mécanique Découpage (GMD), a leading French automotive supplier company with operations in France and internationally, and the restructuring of its financial debt. This operation allows DSBJ to develop its activities in Europe.
The shareholders of GMD and DSBJ, one of the main manufacturers of components for the electronics, telecommunications and automotive sectors, have organized the takeover of the GMD group.
The parties and the bank and bond creditors of the GMD group have reached an agreement providing in particular for the acquisition of the entire share capital of GMD and the restructuring of its bank and bond debts. The operations planned under the terms of this agreement, approved by the Nanterre Economic Activities Court, were finalized on Wednesday, October 30, 2025.
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