Investors Bite

Olam Makes Offer to Acquire Dangote Flour Mills: Initial Impression

April 24, 2019/InvestmentOne Report Early yesterday, Dangote Flour Mills announced that it has received a binding offer from Olam International through its subsidiary Crown flour Mills Limited, we believe the offer is quite attractive considering the premium of 123% above the closing price as at yesterday (N11.75 per share). By […]

Gemalto Shares Will Be Delisted on 29 May 2019

April 24, 2019/Aetoswire Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 16 April 2019 on the results of the Post-Closing Acceptance Period in relation to the recommended all-cash offer by Thales for all the issued and outstanding […]

Bears Sustain Hold on Nigerian Bourse, Dips -0.59% on Bellwether Stocks

April 24, 2019/Cordros Report EQUITIES The Nigerian equities market closed the second trading session of the week on a negative note as the benchmark index declined by 0.59% to 29,898.231 points, driven by a sell-off of some large-cap stocks Thus, the Month-to-Date and the Year-to-Date losses increased to 3.68% and […]