Fiat’s $4.35 billion deal to gain full control of Chrysler Group LLC sent its shares to a near 2-1/2-year high on Thursday, despite doubts over whether the Italian carmaker could use the merger to cut losses in Europe. Investors welcomed the deal struck by Chief Executive Sergio Marchionne, under which […]
Business News
Fiat strikes $4.35 billion deal to buy rest of Chrysler
Italian carmaker Fiat SpA struck a $4.35 billion deal to gain full control of Chrysler Group LLC, ending more than a year of tense talks that have obstructed Chief Executive Sergio Marchionne’s efforts to combine the two automakers’ resources. The agreement, announced on Wednesday, cements Marchionne’s reputation as the industry’s […]
Guinea Insurance Appoints New MD
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guinea Insurance Plc Monday announced the appointment of a new Managing Director (MD) in person of Polycarp Osee Didam. This is contained in a notice to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria. Didam was born on 21st December […]
