By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Tuesday it has appointed Kaspar E.A. Wenger and Gerd Aufdenblatten as chairman designate and cluster CEO respectively. “Following more than 20 years at Holcim (previously Holderbank) including more than ten […]
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Rio Tinto to sell aluminum assets in $1 billion deal: paper
Sun May 17, 2015/Reuters Global miner Rio Tinto (RIO.L) (RIO.AX) plans to sell some of its aluminum assets in a potential $1 billion deal, the Financial Times reported, reviving a sale plan for its Pacific Aluminium unit two years after it was canceled. The Financial Times, citing “people aware of […]
African Infrastructure Draws Old Mutual, Macquarie for New Fund
May 13, 2015/Bloomberg Old Mutual Plc is setting up a new fund for investments in African infrastructure including toll roads and power plants as part of a joint venture with Macquarie Group Ltd. The companies intend to “raise a new fund because the old fund is almost fully invested,” Paul […]
