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Latest Africa Mergers & Acquisitions News

  • Foreign share peddlers target SA 12 May 2008 03:59 GMT
    ... trying to sell unlisted shares to South African investors under dubious circumstances. Moneyweb is aware ... company was set to secure some good business deals and a merger is even on the cards, apparently. What's more, George ...

  • Big banking merger touted in Australia 12 May 2008 00:59 GMT
    ... Big Four high street banks, is in merger talks with fifth-placed St George Bank, and a ... for St George, and position the combined business to withstand challenging funding markets and take ... more than 2,700 ATMs." In February, South African-born Kelly left the top job at St ...

  • Bharti moves up to M&A big league 12 May 2008 00:58 GMT
    ... Indian cellular services major make a few merger-and-acquisition advances before, but none was as exciting ... place the company's latest approach for South Africa's MTN Group in a completely different league. ...

  • Marriage of equals to keep Bharti investors occupied 12 May 2008 00:15 GMT
    ... Indian cellular services major make a few merger-and-acquisition advances before, but none was as exciting ... place the company's latest approach for South Africa's MTN Group in a completely different league. ...

  • ArcelorMittal Files Suit against Esmark/E2 10 May 2008 22:51 GMT
    ... it filed suit against Esmark Inc., E2 Acquisition Corporation (Esmark/E2) in the Supreme Court of ... world's number one and number two steel companies, Arcelor and Mittal Steel. ArcelorMittal is the ... An industrial presence in 28 European, Asian, African and American countries exposes the company to ...

  • Elephant man finds solution to a Jumbo problem 10 May 2008 18:59 GMT
    ... But for Tony Ratcliffe and his beloved African elephant Jumbo, inseparable for 30 years, the ... his joining the circus at 15; his acquisition of Jumbo from Honolulu Zoo in exchange ... solution, and counts himself lucky: "How many businesses do you know would take in their ...

  • Rural, Minority Lobbyists Oppose Google-Yahoo Deal 10 May 2008 18:59 GMT
    ... the letter. "The effect of mega corporate mergers on the Black community--particularly on consumers and contractors--is rarely ... competition would increase prices and limit new business opportunity on the Internet for African Americans." We're used to hearing from the ...

  • Taking aim at Google-Yahoo 10 May 2008 17:23 GMT
    ... more... : A new resource for small businesses. Get expert advice, forms and more. : ... market, and Yahoo 20 percent. "Historically, mega-corporate mergers nearly always negatively impact the black community," Gary ... new business opportunities on the Internet for African Americans." Search engines are "the primary portal ...

  • Groups take aim at online merger 10 May 2008 10:10 GMT
    ... market, and Yahoo 20 percent. "Historically, mega-corporate mergers nearly always negatively impact the black community," Gary ... competition on the Internet would "limit new business opportunities on the Internet for African Americans." Search engines are "the primary portal ...

  • Brown must correct Labour's record of financial waste 10 May 2008 10:00 GMT
    ... From: Dorothy Alderson, Castle View, Sheriff Hutton, York. I ... themselves) owns six homes, the latest reported acquisition being a mansion priced at £4m. From: ... report a discussion I had with a Nigerian friend many years ago about the relative ...

  • India comes of age in M&A, but it has not always been smooth, say analysts 10 May 2008 09:18 GMT
    ... 12px;"> MUMBAI: Bharti Airtel’s overtures towards South African telco MTN Group, which could lead to ... $20bn, few doubt there will be more acquisitions by increasingly outward-looking Indian firms. “Indian corporates ... so they know how to run big businesses.” But it will not be an easy ...

  • Google, Yahoo advertising deal facing opposition 10 May 2008 07:19 GMT
    ... and Yahoo 20 per cent. “Historically, mega-corporate mergers nearly always negatively impact the black community,” Gary ... competition on the internet would “limit new business opportunities on the internet for African Americans.” Search engines are “the primary portal ...

  • Why Al Qaeda in Yemen is wooing the Saudis 10 May 2008 07:16 GMT
    ... impact of a possible alliance, or even merger, between the Saudi and Yemeni branches of Al ... at its most vulnerable point the economy and it negatively affects efforts to ... a flexible network operating in five North African states and, over the past months, has ...

  • SEO Company in South Africa takes Online Business to the Next Level 10 May 2008 06:10 GMT
    ... > SEO Company in South Africa takes Online Business to the Next Level R.O.I Media recently ... online marketing agency focuses on online customer acquisition and has through the years become the ...

  • Court halts Stanbic-CFC merger 10 May 2008 05:04 GMT
    ... 2008 The High Court has halted the merger between Stanbic and CFC banks. High Court judge ... that Stanbic bank, a branch of South Africa's Standard Bank has assets amounting to 29 ... subsidiaries in Kenya and ©2008 Kenya Broadcasting Corporation . All Rights Reserved. ...

  • Kenya: Analysts See Equity Bank Share Headed for a Split 10 May 2008 04:58 GMT
    ... hit Sh285 per share before the bank's acquisition of Uganda Microfinance Limited for Sh1.7 billion ... senior dealer at Standard Investment Bank, told Business Daily that sellers of the share are ... the past include Barclays Bank and East African Cables. However, a reality check shows that ...

  • Kenya: The Old Mutual Saga 10 May 2008 04:58 GMT
    ... Henderson's achievements during his term is the acquisition of the country's largest asset management business from Barclays Bank, today with over Sh77 ... Old Mutual is now using in other African operations to exploit the synergies that exist ...

  • South Africa: Adaptit, Infowave Merger Pays Off 10 May 2008 04:41 GMT
    ... DIRECTORS of software supplier AdaptIT Holdings believe a merger between Adapt IT and listed company Infowave late ... the company said. AdaptIT Holdings (ADI) supplies business software and outsourcing and consulting services focusing ...

  • Coalition of advocacy groups take aim at Google-Yahoo partnership 10 May 2008 03:12 GMT
    ... and Yahoo 20 per cent. "Historically, mega-corporate mergers nearly always negatively impact the black community," Gary ... competition on the Internet would "limit new business opportunities on the Internet for African Americans." Search engines are "the primary portal ...

  • First Calgary Petroleums Ltd. Announces 2008 First Quarter Results 10 May 2008 01:53 GMT
    ... CALGARY, May 9, 2008 (Canada NewsWire via COMTEX ... in international exploration and development activities in Algeria. The Company's common shares trade on the ... could be readily applied upon the successful acquisition of new exploration or appraisal opportunities in ...

  • Leading Global Building System Manufacturer Set to Lead Spainish Market with Acquisition 10 May 2008 00:53 GMT
    ... in the global building systems industry. The acquisition of Alumafel represents another step in the ... includes deliveries to Portugal, France and Northern Africa. Alumafel’s turnover last year was around EUR ... – as with Alumafel and the systems business – will put Hydro in the top ...

  • RSA distanced from RBS asset sale 10 May 2008 00:53 GMT
    ... potential for RSA to make further bolt-on acquisitions this year and next. However, he added: ... But Simon Lee, head of RSA’s international businesses, said: “We are ruling nothing in and ... capital gains tax regime. The London-listed South African financial services group also said it was ...

  • IFC acquiring 5% stake in Acap 10 May 2008 00:51 GMT
    ... used as a base to develop the business of managing non-performing loans in the region. ... Acap's partners include Orix with 20%, South Africa-based Standard Bank with 4% and Japan Asia ... spent the first three months after the acquisition doing risk management and we will spent ...

  • Advocacy groups target Google-Yahoo ad plan 10 May 2008 00:51 GMT
    ... search advertising market, and Yahoo 20 mega-corporate mergers nearly always negatively impact the black community,” Gary ... competition on the Internet would “limit new business opportunities on the Internet for African Americans.” Search engines are “the primary portal ...

  • Groups take aim at Google-Yahoo partnership 10 May 2008 00:16 GMT
    ... more... : A new resource for small businesses. Get expert advice, forms and more. : ... market, and Yahoo 20 percent. "Historically, mega-corporate mergers nearly always negatively impact the black community," Gary ... new business opportunities on the Internet for African Americans." Search engines are "the primary portal ...


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