Aug 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Swedish investment firm EQT AB will acquire PropertyGuru ( PGRU ) in an all-cash deal, valuing the Singapore-based online real estate platform at $1.1 billion, the companies said. ** Deutsche Bank has proposed a settlement to shareholders who sued Germany's largest...

ARENDAL, Norway, Aug 16 (Reuters) - Companies need to do more to get to grips with AI at board level to govern how it is being used and to minimise risks, a top official at Norway's $1.7 trillion sovereign wealth fund, one of the world's largest investors, told Reuters. Norges Bank Investment Fund holds stakes in close to 9,000 companies...

06:00 AM EDT, 08/16/2024 (MT Newswires) -- It's been in general a good week of economic data from the United Kingdom and that continued Friday with the retail sales data for July revealing a slightly stronger-than-expected reading when the upward revision to the June data is incorporated, said MUFG. The excluding auto fuel gain in sales of 0.7% m/m was...

05:54 AM EDT, 08/16/2024 (MT Newswires) -- Deutsche Bank's ( DB ) settlement offer for shareholders, who sued the company for underpaying them following its Postbank acquisition, was rejected for being too low, Reuters reported Friday, citing Jan Bayer, a lawyer for the plaintiffs. The bank's settlement deal offers to pay the shareholders 36.50 euros ($40.08) per Postbank share, according...