Culled—Proshare May 24, 2018/OldMutual / Ton Boom Old Mutual Private Equity (OMPE), one of the largest and most established private equity players in South Africa, has announced the acquisition of a 50% interest in Medhold Group (Medhold), a prominent end-to-end supplier of world-class medical devices. The transaction has obtained unconditional […]
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Bears Sustain Hold on Nigerian Bourse, Index Dips -1.06% on Sell-Offs Across Sectors
May 24, 2018/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 1.06%. Similarly, market breadth index was negative with 8 gainers against 35 stocks that declined. MRS (+10.10%) was the top gainer today while DIAMONBNK (-8.28%) was the worst performing stock. SOVRENINS was the […]
MTN to price $2 billion Ghana IPO next week
May 24, 2018/Businessday Africa’s telecommunication giant MTN is said to start selling about a third of its Ghanaian unit worth $754 million representing 35 percent of the $2 billion next week in an initial public offering. This will be 10 times larger than the West African nations previous biggest-ever share […]
