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Lagos, South Africa and New York
Thursday, July 2, 2020

Deals of the day-Mergers and acquisitions

Jan 3 - The following bids, mergers, acquisitions and disposals were reported by 2135 GMT on Wednesday: ** Dominion Energy Inc said it would buy Scana Corp in an all-stock deal worth about $7.9 billion, offering the utility a way out of dealing with...

Deals of the day-Mergers and acquisitions

Nov 30 - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday: ** Seven-Up Bottling Co has received an offer from its majority shareholder Affelka to buy out minorities in a 19.33 billion naira ($60.41 million) takeover deal, vice chairman...

Deals of the Week: Mergers and Acquisitions

Sept 14  - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Nigeria’s Dangote Cement, controlled by Aliko Dangote, Africa’s richest person, has approached South African rival PPC about a takeover. ** Nestle has bought a majority stake in Blue...

NNPC, Shell, Chevron Sign Agreements to Boost FG Revenue by $16 billion

  Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL)...

Nigeria’s Dangote Cement sells 2.3% stake to foreign buyers for $236

Dangote sells 416 mln Dangote Cement shares to foreign buyers * Dangote Cement working to boost minimum share float - source * The cement maker plans to double size of African plant by 2020 (Adds closing share price, stock index) By Chijioke Ohuocha LAGOS, Aug 1...
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