Tue Feb 23, 2016/Reuters Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed an initial loan agreement with three banks for $1.2 billion, the state news agency said on Tuesday. The loan represents around 80 percent of the cost of its $1.4 billion Alexandria refinery lab expansion, while the […]
Tag: $1.2 billion
BUA Says in Talks with Sinoma to Build $1.9 Billion Steel, Cement Plants-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier conglomerate, BUA Group said on Thursday it’s in talks with China’s Sinoma to build a steel plant in Nigeria and two (2) cement plants in East Africa worth $1.9 billion, a Reuters reported quoted Abdulsamad Rabiu, chairman of the Group. According to the report, […]
Bank of Montreal agrees to buy UK’s F&C for $1.2 billion
Canada’s Bank of Montreal (BMO.TO) has reached a deal to buy UK-based F&C Asset Management Plc (FCAM.L) for 708 million pounds ($1.2 billion) just a day after first announcing an offer, saying the move would help expand its wealth management arm. Tuesday’s statement sent shares in F&C, operator of the […]
