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Tuesday, December 24, 2024
Nigerian Billionaire Abdulsamad Rabiu To Merge Obu Cement, CCNN

Nigerian Billionaire Abdulsamad Rabiu To Merge Obu Cement, CCNN

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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

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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...

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...

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...

West Africa’s Dangote Group Enters Joint Venture With Italian Giant Saipem

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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...

Istanbul and Santiago Connected: A New Route for Travelers

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Istanbul and Santiago Connected: A New Route for Travelers Turkish Airlines has expanded its network in the Americas with the launch of flights to Santiago,...

Istanbul and Santiago Connected: A New Route for Travelers

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Istanbul and Santiago Connected: A New Route for Travelers Turkish Airlines has expanded its network in the Americas with the launch of flights to Santiago,...