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China’s Sinosteel in talks to acquire Nigerian steel mill

China’s Sinosteel in talks to acquire Nigerian steel mill

Jul 17, 2013 | Africa, China, East Asia, News

Reuters Chinese state-owned metals trader Sinosteel is in talks to take over a state-owned steel mill in Nigeria and expand its capacity to 5.6 millions tonnes from 1.3 million, Nigeria’s mining minister said on Thursday during a visit to Beijing. * Seeks to...
JSPL to acquire iron ore mine in Liberia

JSPL to acquire iron ore mine in Liberia

Jul 6, 2013 | Africa, India, News, South & Central Asia

The Hindu Business Line NEW DELHI, JUN 28: Jindal Steel and Power (JSPL) is in talks with Liberia government to acquire the West African country’s largest iron ore mine Wologisi in which China has also evinced interest. According to industry sources, the deal could be...
Aspen Pharmacare agrees Merck plant acquisition

Aspen Pharmacare agrees Merck plant acquisition

Jun 28, 2013 | Africa, News, North America, South Africa, Western Europe

Financial Times 27 June 2013 Aspen Pharmacare has agreed to buy a manufacturing plant from Merck of the US as part of a $1bn deal, as the South African group builds up its global presence. Aspen said the transaction would involve it taking over a plant in the...
BRIEF-Axa Private Equity sells stake in Outremer Telecom to Altice

BRIEF-Axa Private Equity sells stake in Outremer Telecom to Altice

Jun 25, 2013 | Africa, France, Latin America, News, Western Europe

LONDON, June 24 (Reuters) – AXA Private Equity sells its stake in Outremer Telecom to Altice Another link (French):
China’s Sinopec buys Marathon’s Angola oil fields for $1.52 billion

China’s Sinopec buys Marathon’s Angola oil fields for $1.52 billion

Jun 25, 2013 | Africa, China, East Asia, News, North America

Reuters 23 June 2013 (Reuters) – China’s Sinopec Group has agreed to buy Marathon Oil Corp’s Angolan offshore oil and gas field for $1.52 billion, Asia’s largest refiner producer said. Sonangal Sinopec International Ltd, the group’s...
Private equity firm Abraaj to acquire West Africa’s Fan Milk

Private equity firm Abraaj to acquire West Africa’s Fan Milk

Jun 19, 2013 | Africa, MENA, News

ACCRA, June 19 (Reuters) – Dubai private equity group Abraaj said on Wednesday it will acquire African dairy firm Fan Milk International, tapping into fast rising consumer spending in six west African countries. Abraaj, which has $2.2 billion invested in Africa,...
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