US private-sector job growth accelerated in April and beat expectations, according to payroll firm ADP. The gain was driven by sustained strength in health care and a rebound across other areas, including trade, transportation, and utilities. ADP said these factors collectively fueled the month’s faster hiring pace, signaling improving labor momentum.
Groupe ADP, the operator of Paris airports, agreed a deal worth up to €924 million to sell part of its stake in GMR Airports, targeting as much as 7.3%. ADP will retain co-promoter status and governance rights, with an initial sell-down plus potential further divestment, alongside purchases of convertible bonds to balance value realization and continued upside.
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