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Nigeria's AMCON asks Citi to advise on bank sell-off

Nigeria's state-backed "bad bank" AMCON has appointed Citi and Renaissance Capital to determine the value of three lenders it nationalised last year before deciding on the best way to privatise them.


Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.

Bankers prep debt for United Biscuits' salty snack sale

Bankers are preparing debt packages to back a buyout of UK-based United Biscuits' salty snack business which is expected to go up for sale in September and fetch around 500 million pounds ($776 million).

China arbitrators in turf war, throwing contracts into doubt

An internal feud between rival parts of China's main arbitration body has seen its Shanghai and Shenzhen branches suspended


Latest News

Business process and technology services provider Genpact Ltd said U.S. private equity firm Bain Capital Partners will buy a 30 percent stake in the company from General Atlantic and Oak Hill Capital Partners.
Macquarie-owned broadcast transmission provider Arqiva is exploring options to refinance its 3.4 billion pounds ($5.3 billion) of debt raised when Macquarie acquired National Grid Wireless in 2007.
3i Group on Thursday announced a joint venture with U.S. fund manager WCAS Fraser Sullivan Investment Management to build a global debt management business.
AT&T Inc (T.N) is buying the equity of NextWave Wireless Inc (WAVE.PK) for up to $50 million and taking on $550 million of the company's debt .
The takeover of Canadian stock market operator TMX Group by a group of financial institutions has been approved by TMX's shareholders.
Australian clothing retailer Country Road will buy local rival Witchery Group in a $181 million deal.
Google Inc said on Tuesday it acquired marketing start-up Wildfire to help the world's largest Internet search company expand further into social media.
Lowe's Cos wants to spend C$1.8 billion to buy Canadian competitor Rona Inc,but the struggling Canadian retailer publicly rejected the offer on Tuesday.
Devon Energy Corp (DVN.N) said on Wednesday Japan's Sumitomo Corp (8053.T) will take a 30 percent stake in 650,000 shale acres Devon controls in the Permian Basin in a $1.4 billion deal.
TCB Medical Devices has joined the growing ranks of start-up companies seeking to raise capital through crowdfunding