ABU DHABI/WAM AD Ports Group has signed a 50-year land lease agreement with Emirates Food ...
Read More »FirstRand makes $1.4bn offer for UK’s Aldermore
Bloomberg FirstRand Ltd., Africa’s biggest lender by market value, offered to buy UK challenger bank Aldermore Group Plc for about 1.1 billion pounds ($1.4 billion). Shares in the British firm soared. Aldermore received ‘an indicative proposal’ from Johannesburg-based FirstRand of 313 pence per share, 37 percent more than its average share price this year, and directors at the UK lender ...
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