By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Old Mutual, South African financial services firm said on Friday it had acquired a 23.3 percent stake in Kenyan insurer UAP Holdings for $97.6 million, the company said in a statement. ‘’The consideration will be paid in cash and will be funded from existing Group […]

Fri Jan 9, 2015/Reuters Bankers are lining up just over 1 billion pounds ($1.51 billion) of debt financing to back private equity firm KKR’s potential bid for the UK assets of cement makers Lafarge (LAFP.PA) and Holcim (HOLN.VX), banking sources said on Friday. The UK assets are for sale alongside […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) will on January 20, unveil its World Economic Outlook (WEO) 2015. Below are the details from the IMF’s Press Centre: The IMF is publishing the World Economic Outlook Update on January 20, 2015 and will hold a press conference at […]