Capital Market

Oteh Re-elected AMERC Chair

…promises better representation Press Release/Sept; 29, 2014/SEC Nigeria Director General, Securities and Exchange Commission (SEC), Arunma Oteh has been unanimously returned un-opposed as chairperson of the African/Middle East Regional Committee (AMERC) at the 39th annual conference of the International Organisation of Securities Commissions (IOSCO) currently taking place in Rio de […]

Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday

Mon Sep 29, 2014/Reuters Lenovo Group Ltd (0992.HK) will close its acquisition of International Business Machines Corp’s (IBM) (IBM.N) x86 server division on Oct 1 for $2.1 billion, giving the Chinese tech firm the firepower to win business clients from U.S. rivals. The closing purchase price is lower than the […]

Goldman Sachs Said to Prohibit Bankers From Buying Stocks

Sept 26, 2014/Bloomberg Goldman Sachs Group Inc. (GS), the top adviser on corporate takeovers, is changing a policy addressing conflicts of interest to bar investment bankers from trading individual stocks and bonds, a person with direct knowledge of the matter said. Employees at the New York-based firm were notified yesterday […]