The Ecobank Transnational Incorporated (ETI) Monday maintained that its 2012 consolidated financial accounts were audited and properly certified by its auditor, the PriceWaterhouseCoopers (PwC). The pan-African bank, which said this in a statement, said the result was published under the International Financial Reporting Standards (IFRS), contrary to allegation that it […]
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Barclays to launch €6.8bn rights issue
Barclays is set to launch its £5.8bn (€6.83bn) rights issue in two weeks, possibly on the fifth anniversary of its takeover of the US operations of Lehman Brothers. The one-in-four offer, priced at 185p a share, is expected in the third week of September, according to sources. Barclays did the […]
Verizon poised for historic $130 billion Vodafone deal
Verizon Communications was poised on Monday to take full control of its U.S. wireless business with a $130 billion deal to buy out Vodafone and end a decade-long corporate stand-off. The British firm said late on Sunday it was in advanced talks with Verizon to sell its 45 percent stake […]
