Deutsche Bank AG (DBK), Germany’s biggest bank, is preparing to raise about 8 billion euros ($11 billion) by selling shares to shore up capital as it gains the Qatari royal family as a shareholder. Deutsche Bank plans to raise about 6.3 billion euros in a fully underwritten rights offer, and […]

Sean Farrell theguardian.com, Monday 19 May 2014 Anglo-Swedish firm’s rejection of ‘undervalued’ £55 per share offer seems to end prospects for the biggest foreign takeover of a UK company   AstraZeneca has rejected Pfizer‘s £69bn takeover approach, saying the bid undervalues the UK company and poses too many risks. AstraZeneca’s […]

Tiger Brands Ltd. (TBS), South Africa’s largest food company, will write off about half of its investment in Dangote Flour Mills Plc (DANGFLOU) less than two years after buying a majority stake in the Nigeria-based producer. Tiger, which makes Jungle Oats and All Gold tomato sauce, will impair Dangote Flour’s […]