Billionaire Aliko Dangote, Africa’s richest man, helped fuel a record surge in syndicated loans by Nigerian borrowers last year with a $3.3 billion facility. The nation’s companies signed more than $13 billion of syndicated debt, four times the amount raised in 2012, according to data compiled by Bloomberg. Dangote Industries […]
Business News
Breaking – Facebook Buying WhatsApp – $16B In Cash And Stock
From the regulatory filing: On February 19, 2014, Facebook, Inc. (“Parent”) entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Rhodium Acquisition Sub II, Inc., a Delaware corporation and wholly owned (in part directly and in part indirectly) subsidiary of Parent (“Acquirer”), Rhodium Merger Sub, […]
Actavis to buy Forest Labs in $25 billion deal
Generic drugmaker Actavis Plc (ACT.N) said it would acquire specialty pharmaceuticals company Forest Laboratories Inc (FRX.N) in a cash and stock deal valued at about $25 billion. Actavis will pay the equivalent of $89.48 per share, representing a premium of 25 percent to Forest’s Friday close. The offer comprises $26.04 […]
