Nedbank Group Ltd. (NED), the South African lender controlled by Old Mutual Plc (OML), said it would consider governance issues before deciding whether to exercise an option to buy a stake in Ecobank Transnational Inc. (ETI) Nedbank has until the end of November to convert the $285 million loan it […]
Business News
Dixons and Carphone Warehouse in merger talks
Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse have said they are in talks over a possible merger. The companies said the talks were at a very early stage and there could be no certainty a merger would take place. They also said […]
Billionaire Dangote Leads Record Nigerian Syndicated Loan Surge
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 […]
