Diageo (DGE.L), the world’s biggest distilled spirits company, reported a 1.8 percent rise in sales for the half-year to December hurt by weakness in China, Thailand and Nigeria. The maker of Johnnie Walker whisky, Smirnoff vodka and Guinness beer said earnings before items were 62.6 pence per share. Sales in […]
Tag: China
Lenovo nears $3 billion deal to buy Google’s Motorola unit
China’s Lenovo Group is nearing a deal to buy Google Inc’s Motorola handset division for close to $3 billion, people familiar with the matter told Reuters on Wednesday, buying its way into a heavily competitive U.S. handset market dominated by Apple Inc. Lenovo is in the final stages of talks […]
Sub-Saharan Africa M&A deals, debt issuance surge in 2013
* M&A deals jump by a third to $30.3 bln * Most are in energy, materials sector * Mozambique most-targeted country for M&A * Sub-Saharan debt issuance at record high The value of merger and acquisition deals targeting sub-Saharan African firms jumped by almost a third last year to $30.3 […]
