Canada’s Bank of Montreal (BMO.TO) has reached a deal to buy UK-based F&C Asset Management Plc (FCAM.L) for 708 million pounds ($1.2 billion) just a day after first announcing an offer, saying the move would help expand its wealth management arm. Tuesday’s statement sent shares in F&C, operator of the […]
Business News
Sabmiller to invest $110 mln in Nigeria brewery expansion
SABMiller PLC : * Sabmiller Plc – Sabmiller to invest us$110 million in Nigeria * Sabmiller Plc Investment will lead to the creation of a further 400 direct jobs (not 300 jobs) * Sabmiller Plc the capacity expansion work has already commenced and is due for completion in the first […]
Africa’s Richest Man Sees Company Joining Top 100 by 2017
Africa’s richest man Aliko Dangote said his Dangote Group would join the ranks of the world’s biggest 100 companies within three years as he invests in cement, agriculture and oil refining across the continent. “We are targeted now to be one of the 100, in terms of ranking, global companies […]
