Business News

Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change

Wed Apr 6, 2016/Reuters U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their $160 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to save on taxes. Pfizer said the decision was driven […]

Erin Energy Announces Agreement with Zenith Bank on Terms of Loan Facility

Tuesday, April 05, 2016/Cardinal Stone Research Culled——Proshare Event Yesterday, Erin Energy Corporation (NYSE MKT: ERN), an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa listed on the New York and Johannesburg Stock Exchanges, announced it had obtained a waiver  to the funding requirements […]

Orange Announces Acquisition of 75 Million-Euro Stake in Africa Internet Group

April 5, 2016/Orange Orange (www.Orange.com) announces the acquisition of a 75 million-euro equity interest in Africa Internet Group, joining AXA, Goldman Sachs and longstanding investors MTN Group, Millicom and Rocket Internet. Through this investment, which will be accompanied by a series of strategic partnerships between the subsidiaries of the two […]