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Sunday, January 26, 2025

AB InBev and SABMiller officially agree on $71 billion mega-merger deal

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Anheuser-Busch InBev has agreed the terms of its £71bn takeover of rival SABMiller, in a deal that will combine the world's two largest beer...

Alibaba Announces a $3.7 billion deal with ‘China’s YouTube’

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The deal announced on Friday will give the e-commerce giant access to more than half a billion online video users, accelerating its push into...

Securitas acquires Diebold US e-security business in $350 million deal

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The buyout of the North American business is intended to strengthen Securitas' technology backbone. Securitas has agreed to purchase Diebold's US-based Electronic Security business, leading...

AB InBev Plans $55 Billion Bond Sale to Fund SABMiller Deal

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Anheuser-Busch InBev NV is planning to sell bonds worth as much as $55 billion to finance its $106 billion takeover of SABMiller Plc, setting...

The Future of SABMiller as Carlos Brito Prepares to Takeover

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In the future, staff at SABMiller are going to reflect on the pre-AB Inbev years as nice while they lasted. Hard core capitalism is...

Beer giants SABMiller and AB InBev Agree Takeover Terms

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The world's two biggest beer producers are set to merge after SABMiller accepted an increased takeover offer from rival Anheuser-Busch InBev. SABMiller said it had...

Prince Alwaleed of Saudi Arabia Sells Stake In Mauritian Four Seasons...

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Kingdom Hotel Investments, a subsidiary of Saudi billionaire Prince Alwaleed Bin Talal Alsaud’s Kingdom Holding, has sold off its 50% stake in Four Seasons...

Naushad Merali, Kenya’s 2nd Richest Man, Sells Dairy Firm To Kenyatta...

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Brookside Dairy Limited, Kenya’s largest milk processor, has acquired Sameer Agriculture and Livestock Limited (SALL), an Ugandan dairy company. Naushad N. Merali, who is the...

West African Billionaire Mike Adenuga Offers Ivorian Mobile Phone Company $600...

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Nigerian billionaire Mike Adenuga has made a bid to buy Ivorian mobile telecoms operator Comium Cote d’Ivoire. According to news website Telegeography, Globacom, a Nigerian...

Egyptian Tycoon Naguib Sawiris Makes $100 Million From Sale Of Mining...

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Egyptian billionaire Naguib Sawiris has reportedly sold a 44% stake he owns in Ariab Mining Company to the Government of Sudan for $100 million. According...

Get fit and thrifty at Capegate to kickstart 2025 with community...

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As always, Capegate is starting the new year with a bang with the community at the heart of their events. This January they are bringing fitness...

Unpacking mattress terminology

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Unpacking mattress terminology Choosing a mattress can feel completely overwhelming. There are so many brands, models and types of beds on the market that it's...