By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- One of the world’s leading telecommunications operators, Orange said on Thursday it has completed the 100 percent acquisition of the mobile operator Tigo in the Democratic Republic of the Congo (DRC). This is coming less than three (3) months after signing an agreement with […]
Tag: Acquisition
QG Africa Hotel LP acquires InterContinental Hotel in Lusaka
April 12, 2016/Quantum Global QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group (www.QuantumGlobalGroup.com), has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million. The transaction closed […]
Wema Bank Eyes Acquisition, to Raise N50 Billion via Domestic Bonds
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc is seeking to buy a mid-sized commercial Bank and will seek shareholders approval in May 2016 to enter talks for the deal, a Reuters report quoted Tunde Mabawonku, its chief financial officer (CFO) on Monday. “Wema Bank is keeping a close […]
