Author: InvestAdvocate

Twitter to make IPO filing public this week: Quartz

Twitter Inc plans to make its IPO filing public this week, news website Quartz reported on Sunday, citing a person familiar with the social media network’s plan. Twitter, which is expected to be valued at up to $15 billion, filed with U.S. regulators on September 12 to go public, but […]

Nigeria hands state power assets to private buyers

* Nigeria selling state power firm for $2.5 billion * Electricity shortages are huge brake on economy     * More state power plants to be sold next year Nigerian President Goodluck Jonathan handed ownership of the bulk of the state electricity company to private buyers on Monday, completing one […]

GSK sells thrombosis drugs to Aspen for $1 billion

Britain’s biggest drugmaker GlaxoSmithKline (GSK.L) agreed the 700 million pounds ($1.13 billion) sale of its thrombosis drug brands and a related factory to Aspen Pharmacare (APNJ.J), as part of its strategy to focus on growth products. The company said on Monday the divestment to South Africa’s biggest generic drug maker […]