Nigerian Billionaire Abdulsamad Rabiu To Merge Obu Cement, CCNN
BUA Group, a conglomerate controlled by Nigerian billionaire Abdulsamad Rabiu, has announced plans to merge its privately owned Obu Cement with the publicly traded...
AB InBev and SABMiller officially agree on $71 billion mega-merger deal
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’
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...
AB InBev Plans $55 Billion Bond Sale to Fund SABMiller Deal
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
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
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...
West African Billionaire Mike Adenuga Offers Ivorian Mobile Phone Company $600...
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...
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...
West Africa’s Dangote Group Enters Joint Venture With Italian Giant Saipem
Dangote Group, the West African industrial conglomerate owned by Africa’s richest man Aliko Dangote, has announced a multi-million dollar Joint Venture agreement with Italian...