Bloomberg Business

Romania to Hold Rates as Fiscal Risks Weighed

Romania’s central bank will likely keep its key interest rate on hold for a fifth straight meeting as policymakers weigh potential easing against stubborn inflation and fiscal risks.

TPG to Cut Offer for Funeral Firm InvoCare to $1.2 Billion

Private equity firm TPG Inc. has made a revised takeover proposal to Australian funeral home operator InvoCare Ltd. of around A$1.83 billion ($1.21 billion), down from about A$1.87 billion following exclusive due diligence, according to people familiar with the matter.

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