By InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Group, the company owned by Africa’s richest man Aliko Dangote, said on Monday it plans to buy phosphate from Morocco and potash from Congo-Brazzaville to feed a planned fertilizer plant, according to a Reuters report. The report said Dangote made this disclosure in Lagos at a […]
Tag: Reuters
LSE-Deutsche Boerse merger would signal end to exchange mega-deals
Mon Mar 7, 2016/Reuters By Huw Jones If the merger between London Stock Exchange (LSE.L) and Deutsche Boerse (DB1Gn.DE) goes ahead, it could be the final mega-deal in the industry as further combinations of such scale are likely to hit antitrust buffers. The two companies will seek to overcome the […]
Old Mutual plots break-up – Sky News report
Sun Mar 6, 2016/Reuters Old Mutual, the Anglo-South African financial services firm, is plotting a 9 billion pounds ($12.8 billion) break-up which could trigger a takeover battle for its various operations, Sky News reported. Without citing sources, it said the group is working on a plan to divide itself into […]
