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Carlyle to buy airfield lighting group ADB Safegate: sources

July 15, 2017 By Dasha Afanasieva and Arno Schuetze LONDON/FRANKFURT (Reuters) – Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros ($1 billion) including debt, sources familiar with the matter said. Belgium-based ADB Safegate supplies visual guidance solutions from landing to parking for airplanes, including lighting systems for airport runways as well as docking and tower systems. Private equity group PAI Partners bought ADB from peer investor Montagu in 2013 for 208 million euros and last year acquired docking…

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ADB chief Nakao urges Asia to keep momentum for free trade

May 4, 2017 YOKOHAMA, Japan (Reuters) – Asian Development Bank (ADB) President Takehiko Nakao on Thursday urged regional economies to keep the momentum alive to open up trade for continued growth in the face of rising protectionism around the world. Speaking at a news conference in Yokohama, eastern Japan, to kick off the ADB’s annual meeting, Nakao said it was too early to say protectionism was affecting the ADB’s growth projections for Asia. (Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim) The post ADB chief Nakao urges Asia to keep…

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