Deals of the day - mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Thursday.
Africa
Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth
President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...
Latest News
Anadarko ex-CEO named as Riverstone's new Partner
Riverstone Holdings named James T. Hackett as new Partner.
Exxaro announces completion of two wind farm projects
Exxaro announced the completion of its investments in two wind farms located in the Eastern Cape Province of South Africa.
Indian Government to Ask ONGC for Videocon Deal Error
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
Deals of the Day - Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Tuesday
Deals of The Day
The following bids, mergers, acquisitions and disposals were reported on Monday.
Dangote Cement Sells Stake to Sovereign Wealth Fund
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira.
Indian companies buy Mozambique's Videocon Industries
Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
JPMorgan: Africa Has Solid Strength in Sovereign Wealth Funds
JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.
Football Hero Invests in Mining Project
Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.
