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Deals

Cloud services provider Fastly taps bank for IPO: sources

Fastly Inc, a U.S. startup whose software helps websites load more quickly, has hired Bank of America Corp as lead underwriter on an initial public offering that could value the company at more than $1 billion, people familiar with the matter said.

EssilorLuxottica infighting flares with new accusations

Infighting at the top of EssilorLuxottica turned personal on Wednesday with the top shareholder and executive chairman accusing the Franco-Italian group's executive vice chairman of a power grab in a newspaper interview.