Business News

Oando’s Subsidiary to Sell 60 Million Shares via Toronto Stock Exchange

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Energy Resources (OER) last Friday announced that a wholly-owned subsidiary of Oando Plc, has filed a Form 45-102F1 on SEDAR as Project No. 2257775 to provide the required notice of its intention to sell up to 60 million common shares of OER through the […]

Fifth Street Asset Management files for IPO

Alternative asset manager Fifth Street Asset Management Inc filed with the U.S. regulators for an initial public offering of Class A common stock. Morgan Stanley, J.P. Morgan and Goldman Sachs were among the major underwriters for the IPO, the Greenwich, Connecticut-based company told the U.S Securities and Exchange Commission in […]

Bharti Airtel may raise $1 bn from sale of Nigeria towers; deal may be sealed in 3 weeks

The Economic Times Bharti Airtel is expected to reach an agreement on the sale of its telecom towers in Nigeria for more than $1 billion within the next three weeks. American Tower Company (ATC) is believed to be leading the race to buy the 4,000 towers, followed by IHS Towers, […]