Mon Mar 21, 2016/Reuters By Abhirup Roy U.S.-based IHS Inc (IHS.N) agreed to buy Markit Ltd (MRKT.O) to create a $13 billion London-based data and business research provider, in the latest example of a U.S. company moving its domicile overseas where corporate tax rates are lower. The companies said IHS […]
Business News
NSE to Delist Vono, as Court Approves Merger Deal with Vitafoam
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) will on Monday March 21, 2016 suspend trading on the shares of Vono Products Plc following court approval of the proposed merger with co-manufacturers of foam furniture and furnishings, Vitafoam Nigeria Plc. “Dealing members are hereby notified that Vitafoam Nigeria Plc […]
Dangote Eyes Majority Stake in Peugeot Nigeria-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote, Africa’s richest man, has teamed up with Kaduna and Kebbi two (2) Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a Reuters report on Thursday quoted Nasir El-Rufai, the governor of Kaduna State. According to the report, governor El-Rufai […]
