Tag: Shareholders

Dell to invest more on PCs, tablets after $25 billion buyout win

Michael Dell clinched shareholders’ approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of bitter conflict with the company’s largest investors and removing the uncertainty shrouding the world’s No. 3 PC maker. The company plans to invest in the personal computer and […]

Shareholders back Access Bank’s divestment from Wapic

Access Bank’s shareholders have expressed satisfaction with the divestment of its shareholding interest in Wapic Insurance Plc. A statement by the bank said the shareholders met in Lagos on Wednesday to approve the unbundling of the bank’s equity interest in Wapic Insurance to the bank’s shareholders. According to the statement, […]

Transcorp lists 12.9 billion rights issue

Transnational Corporation of Nigeria Plc on Tuesday announced the official listing of its rights issue of 12.9 billion ordinary shares on the floor of the Nigerian Stock Exchange. The President/Chief Executive Officer, Transcorp, Mr. Obinna Ufudo, remarked in a statement that the rights issue was 132.08 per cent subscribed. This, […]