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Unclaimed dividends: Group asks govt to extend expiry date

By Gbenga Agbana Wednesday, 15 Dec 2010 The Institute of Chartered Secretaries and Administrators of Nigeria has urged the Federal Government to extend the expiry date for unclaimed dividends from six months to 18 months, to enable shareholders have more time to clear their dividend warrants. The group also appealed to […]

Japan’s Kansai bids $262m for S’Africa’s Freeworld

By Agency Reporter Wednesday, 15 Dec 2010 JOHANNESBURG: Japan‘s Kansai Paint has offered to buy all the shares it does not own in South Africa‘s Freeworld Coatings, at $262m. A Reuters report on Tuesday said the “bid could potentially lead to a hostile takeover.” Osaka-based Kansai said in a statement on […]

Dell to buy Compellent for $960m

By Agency Reporter Wednesday, 15 Dec 2010 NEW YORK: Dell Incorporated plans to buy data storage company, Compellent Technologies Incorporated for about $960m, to expand beyond PCs and catch up with rivals Hewlett-Packard Company and IBM in technologies like cloud computing. According to a Reuters report on Tuesday, Dell and Compellent […]