Fri May 1, 2015/Reuters GlaxoSmithKline (GSK.L) may ditch a plan to return 4 billion pounds ($6.1 billion) to investors, some analysts believe, as the drugmaker prepares to set out its vision for the reshaped group and a new chairman takes the helm. Instead, Britain’s biggest drugmaker could use cash flowing […]

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 […]

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 […]