By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Top two (2) world Cement producers, Lafarge and Holcim said last Friday they have received approval from the European Commission (EC) for CRH as a suitable purchaser of the assets to be divested by both companies in the EU. In the same vein, CRH […]
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Heineken Sales Miss Estimates on Declines in Europe and Africa
April 22, 2015/Reuters Heineken NV, the world’s third-biggest brewer, reported sales that advanced less than analysts estimated as weaker demand in Nigeria and across Europe offset gains in Asia and Brazil. Revenue increased 2 percent, compared with the 2.3 percent median estimate of 13 analysts surveyed by Bloomberg News, the […]
Coke to buy China multi-grain drinks maker for $400 million
Fri Apr 17, 2015/Reuters Coca-Cola Co (KO.N) has agreed to buy the beverage business of China Culiangwang Beverages Holdings Ltd (0904.HK) for $400.5 million including debt, to get a foothold in the fast growing multi-grain drinks category. The deal marks Coke’s first takeover in China since the country’s antitrust regulator […]
