Acquisitions
‘Up to 76%!’ Southern Sun Ikoyi Hotels goes for $30.4 million
South Africa’s Southern Sun Africa (SSA) is disposing of its 75.55% majority shareholding in Southern Sun Ikoyi Hotels, one of...
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‘Forces behind’ Shareholders trouble over TTB’s majority stake in Union Bank
Some minority shareholders of Union Bank Plc have expressed worry over the acquisition of the over 100 years old bank...
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‘Acquired’ Mass resignation hits Union Bank as Mudassir Amray assumes Titan Trust’s CEO (List)
Many directors have been asked to resign or retire following the completion of the acquisition of Union Bank Nigeria (UBN)...
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‘Driving expansion’ Autochek acquires Morocco’s leading auto tech startup
Automotive technology company, Autochek, has acquired KIFAL Auto, Morocco’s leading automotive technology startup, to drive its expansion into North Africa....
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‘Seamless integration’ Oba Otudeko allegedly sells Honeywell to pay age long loan to First Bank
After months of negotiations and proper preparation of documentation, Flour Mills of Nigeria Plc a Nigerian agro-allied group led by...
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‘Used by 30 million people’ Germany’s SAP hires adviser for $1 bln Litmos software sale
German software firm SAP (SAPG.DE) is working with investment bank Moelis & Co (MC.N) to sell its corporate learning software...
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‘Islamabad Diagnostic Centre’ EFG Hermes advises TPG’s Evercare Group on 50% stake sale
EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today that it has...
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‘Black Dice Café’ Akintunde Salako redefines luxury lifestyle as FUBU opens new hotel Dec 23 (Flyer)
Black Dice Café is a new entrant into hospitality haven and it is positioned to take fun and entertainment experience...
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‘Indisputable Pan-African champion’ Moroccan firm acquires Mouka Foam in $60m deal
Moroccan mattress maker, Dolidol, has acquired Mouka Foam, a leading Nigerian mattress brand, as part of its ambition to become...
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‘Expansion beyond borders’ E-Settlement acquires Côte d’Ivoire’s QuickCash, broadens financial inclusion in Africa
E-Settlement (E-SL), Nigeria's pioneering fintech group, is pleased to announce it has signed an agreement to acquire QuickCash, an Ivorian...
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