Fri May 1, 2015/Reuters Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of relationship banks backing its 47 billion pound takeover of smaller rival BG Group (BG.L), the company announced on Friday. The two-year loan replaces a 3.025 billion pound interim […]
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Continental Re Eyes African Acquisitions to Expand-CEO
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s reinsurer, Continental Reinsurance Plc says it plans an African acquisition in the next three (3) years as it seeks to expand to other parts of the continent , a Bloomberg report on Thursday quoted Femi Oyetunji, chief executive officer CEO of the company. According […]
Holcim Says Q1 2015 Net Income Grew Significantly 111.6% on Divestment from Siam City Cement
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Wednesday its 2015 first quarter (Q1) net income grew significantly by 111.8 percent to CHF 378 million, mainly as a result of the divestment of Holcim’s minority shareholding in Siam […]
