Capital Market

Africa’s IHS to delist from Nigeria’s bourse in $118 mln deal

* To pay 4.35 naira to buyout stockholders * Shares rise 41 pct on buyout plans, to delist (Adds details, company value) African phone tower group IHS Plc has won shareholder approval to take the company private and will pay $118 million to buy out equity holders, it said on […]

Consumer Spending Propelled U.S. Fourth-Quarter Growth: Economy

Consumer spending that rose at the fastest pace in three years helped the U.S. economy grow at a 3.2 percent pace in the fourth quarter, overcoming government cutbacks and laying the foundation for a stronger expansion. The rate of growth in the world’s largest economy followed a 4.1 percent advance […]

Consumer Spending Propelled U.S. Fourth-Quarter Growth: Economy

Consumer spending that rose at the fastest pace in three years helped the U.S. economy grow at a 3.2 percent pace in the fourth quarter, overcoming government cutbacks and laying the foundation for a stronger expansion. The rate of growth in the world’s largest economy followed a 4.1 percent advance […]