January 17, 2025 By InvestAdvocate In a stark contrast to its storied dominance in Nigeria’s financial landscape, Guaranty Trust Holding Company (GTCO) has suffered a stinging blow, reporting a 48% under-subscription in its recent capital raise exercise. The institution, once celebrated as a market leader, aimed to secure ₦400.5 billion […]
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PepsiCo Completes Acquisition of Siete Foods
Deal Will Expand PepsiCo’s Food Portfolio to Include More Options for Consumers Looking for Positive Choices and Simple Ingredients January 17, 2025 /PepsiCo PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods (“Siete”), for $1.2 billion. Over the […]
Gaza Ceasefire Halts the Oil Price Rally
January 17, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the Red Sea, but prices are still set to end the week with a gain. The recent relentless oil price […]
