Hilton Worldwide is increasing the size of its public offering, with plans to raise as much as $2.4 billion when it goes public, the company announced Monday. That figure is nearly double Hilton’s original plans to raise up to $1.25 billion. Shares of the McLean based hotel company are expected […]
Author: InvestAdvocate
Nigeria’s Oando delays deal for ConocoPhillips’ assets
Nigeria’s Oando said on Monday that it has delayed the completion of its $1.79 billion deal to buy Conocophillips’ Nigerian assets by two months to January. Oando has been aggressively seeking equity and bank loan funding to secure funds for the deal’s completion. Source: Reuters
Enterprise Bank sacks 150 workers
Enterprise Bank Limited, one of the nationalised banks, has retrenched about 150 workers. Checks by the News Agency of Nigeria on Monday showed that the affected workers were part of the 250 employees nationwide pencilled down for rationalisation. Sources close to the bank told NAN that the sacking caught across […]
