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Thursday, November 21, 2024

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...

Parkview Christmas Market

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 Your Christmas shopping can change lives: visit the Parkview Market South Africa grapples with a stark reality: it holds the unenviable title of being the...

HUAWEI WATCH D2 Launches in SA – Revolutionises Blood Pressure Monitoring

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Take Control of Your Heart Health: The HUAWEI WATCH D2 Revolutionises Blood Pressure Monitoring Smarter Health Starts Here: Meet the HUAWEI WATCH D2 with 24-Hour Blood Pressure...