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 […]
Tag: Shareholder
BlackBerry hit with securities shareholder class action
A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by painting a misleadingly rosy picture of the business prospects of its BlackBerry 10 smartphone line. Waterloo, Ontario-based BlackBerry, formerly Research In Motion Ltd, misled investors last year by saying […]
Nestle shareholders approve N18.50 dividend
As from today (Friday), shareholders of Nestle Nigeria Plc will begin to enjoy N18.50 final dividend declared by the company for the financial year ended December 31, 2012. This is in addition to an interim dividend of N1.50 earlier declared and paid to shareholders during the same financial year, thus […]
