Sun Mar 29, 2015/Reuters Russian businessman Filaret Galchev, who owns a 10.8 percent stake in Switzerland’s Holcim (HOLN.VX) via Eurocement Holding AG, has rejected the takeover offer that France’s Lafarge (LAFP.PA) has made for Holcim, a Swiss newspaper reported on Sunday. Galchev, Holcim’s second-largest shareholder, views the offer as “not […]

Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- one of Africa’s major financial services providers, Barclays Africa Group Ltd is applying for commercial and equities trading licenses in Nigeria, according to a Bloomberg report on Friday. The report quoted Maria Ramos chief executive officer (CEO) of the Johannesburg-based lender as saying “We really […]

Fri Mar 27, 2015/Reuters Shareholders on Friday voted to approve the mergers of rival oilfield services firms Baker Hughes Inc and Halliburton, bringing the proposed deal that still lacks regulatory approvals a step closer to finalisation. Halliburton shareholders approved the issuance of shares needed to complete the transaction valued at […]