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UBS cited Canal+'s ongoing purchase of MultiChoice, which it noted is facing declining profit in South Africa and expanding free cash flow losses caused by currency impacts. "The risk of value erosion ...

Central and South America, Oceania, and Southeast Asia also saw net outflows of billionaires, UBS said ... The Middle East and Africa region has also attracted new billionaires, with individuals ...

UBS analyst Nicholas Holowko initiated coverage of South State (SSB) with a Buy rating and $132 price target. The company is approaching the completion of its acquisition of Independent Bank (IBTX ...