Business News

AXA acquires 18.6% stake in utility company Eranove

September 14, 2015/Africa Global Funds AXA Group through AXA’s Real Estate division, has taken a 18.6% stake in the Eranove Group, a West African utility company with operations in power generation, transmission and distribution, from the Bouygues Group. Laurent Clamagirand, CIO of AXA, said: “The combined factors of a severe […]

Fair to boost patronage of Nigerian rice holds in Lagos

Press Release September 15, 2015/Bemigho AWALAXLR8 The stage is set for a three-day fair targeted at boosting Nigeria’s quest to attain self-sufficiency in rice production and processing. Organized by Growth and Employment in States – Wholesale and Retail Sector (GEMS4), with funding by DFID/UKaid and the World Bank, the Lagos […]

Filing of a draft joint squeeze-out document for the shares of Lafarge

September 15, 2015/ LafargeHolcim Terms and Conditions of the Squeeze – Out 2.1 Terms of the Squeeze- Out Subject to the provisions of article 2.3 below, the Lafarge Shares Targeted by the Squeeze-Out (as defined in article 2.2 below), will be transferred (whatever the country of residence of the holder […]