Bloomberg Kenya Airways Plc said the proposed nationalisation and its inclusion in a state-owned aviation holding company will enhance its ability to borrow funds for expansion. The new entity will comprise Kenya Airways, Nairobi’s Jomo Kenyatta International Airport and the Kenya Airports Authority, Chairman Michael Joseph said in an interview. The combination of the businesses is expected to create a ...

Bloomberg Bombardier Inc agreed to sell a wing factory in Northern Ireland and two other facilities to Spirit AeroSystems Holdings for $500 million and the assumption of certain liabilities. The Belfast operation makes wings for Airbus SE’s A220 jetliner, an aircraft that cash-strapped Bombardier developed before handing control last year to the European planemaker. The deal also covers a plant ...

Bloomberg Your move, Tiffany & Co. That was the message from LVMH, as executives from the French luxury group arrived in New York to sell the merits of its proposed $14.5 billion takeover of the storied American jeweller. After eyeing Tiffany for years, LVMH submitted an offer last month as it enjoys record cash flow and revenue while the blue ...