Fri May 8, 2015/Reuters Holcim (HOLN.VX) investors backed a capital increase in a vote on Friday, paving the way for the Swiss cement maker’s planned $40 billion merger with France’s Lafarge (LAFP.PA). More than 93 percent of those present at the extraordinary general meeting voted to approve a capital increase […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-World soap and detergent makers, Unilever Overseas Holdings B.V. has opened its offer to increase its equity stake in Unilever Nigeria Plc from 50.10 percent up to a maximum of 75 percent, according to as Reuters brief. According to the brief, the offer provides shareholders […]

Thu May 7, 2015/Reuters Alibaba Group Holding Ltd (BABA.N) named a new chief executive on Thursday, as the Chinese ecommerce group’s blistering growth faces headwinds and less-lucrative mobile transactions surpassed those from personal computers for the first time. Alibaba said Chief Operating Officer Daniel Zhang would on May 10 replace […]