By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Portuguese branded eatery Food Emporium International Limited (Barcelos) will no longer list its shares on the floor of the Nigerian Stock Exchange (NSE) as promised in its 2008 private placement memorandum. Wale Agbeyangi, Managing Director (MD) Cordros Capital Limited, co-financial advisers to the company’s placement […]
Tag: Investors
Presco Nigeria Advances to Record on Dividend Bets
Presco Plc (PRESCO), a Nigerian palm-oil producer, jumped to its highest level on record because of prospects that it will maintain dividend payments and a plan to expand into rubber plantations lure investors. The stock rose 3.3 percent to 44 naira by the close in Lagos, the commercial capital. More […]
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 […]
