Press Release Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to expand the capacity of TUPL’s Ughelli power plant by1000MW over the next 3 to 5 years. Both parties have also signed a separate agreement […]
Business News
Microsoft Said to Be Preparing to Make Satya Nadella CEO
By Dina Bass, Peter Burrows and Jonathan Erlichman January 31, 2014 Microsoft Corp. (MSFT:US)’s board is preparing to make Satya Nadella, the company’s enterprise and cloud chief, chief executive officer and is discussing replacing Bill Gates as chairman, according to people with knowledge of the process. One person the board […]
Bank of Montreal agrees to buy UK’s F&C for $1.2 billion
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 […]
