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Crane Co. to Buy Crane Currency, Reaffirms '17 Earnings View Crane Co.CR recently agreed to acquire 100% equity stake in Boston-based Crane & Co., Inc. (Crane Currency). Buyout consideration has been fixed at $800 million. Additionally, the company lowered its GAAP earnings guidance for 2017 while reaffirmed its adjusted earnings projections. Forecasts for ...
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Crane Currency, the Massachusetts supplier of paper for national currency, to sell for $800 million Crane Currency will be purchased by Crane Co. of Stamford, Conn., in a deal expected to close in the first quarter of 2018, the buyer announced Tuesday. In an increasingly digital world, cash -- the preferred medium of 79 percent of transactions -- remains king in matters of finance, Crane Co. said in a ...
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Venezuela to create a new virtual currency Venezuela unveils virtual currency amid economic crisis — BBC News — "Venezuelan President Nicolás Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis. He said the Petro would be backed by Venezuela's oil, gas, gold and diamond wealth…
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Bank Indonesia sees no need for policy move if inflation, currency in target Economic growth has been disappointing this year and the central bank will aim to keep inflation 'as low as possible' to help boost consumers' purchasing power. — Reuters picJAKARTA, Dec 6 — Bank Indonesia sees no reason to adjust monetary policy if inflation and the currency remain in line with ...
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