April 11, 2019 by InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Thursday has appreciated +0.25 percent on gains in the Banking and Industrial Goods counters, according to InvestmentOne update. The report says market movers are Veritas Kapital Assuarnce Plc and drugmaker, GlaxoSmithKline Consumer Nigeria (GSK) […]
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PepsiCo Recommends Shareholders Reject Mini-Tender Offer by TRC Capital Corporation
April 10, 2019/PepsiCo /PRNewswire/ — PepsiCo, Inc. (“PepsiCo”) (NASDAQ: PEP) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (“TRC”) to purchase up to 1 million shares of PepsiCo common stock at a price of $116.50 per share in cash. TRC’s offer price is approximately 4.21% lower than […]
Nigerian Equities Market Halts Two-Day Bearish Run on Buy Interest In Bellwether Counters
April 10, 2019/Cordros Report EQUITIES The Nigerian equities market halted its two-day bearish trend to close on a positive note as the benchmark index increased by 0.15% to 29,193.42 points, driven by buying interest in bellwether stocks. Thus, the Month-to-Date and the Year-to-Date losses moderated to -5.95% and -7.12% respectively. […]
