The alleged takeover of the Labour Party (LP) by its Board of Trustees (BoT) may have pushed the party into deeper crisis. A statement by the party’s BoT Chairman, Sylvester Ejiofor, said the takeover following the “expiration of the tenure…
Manchester United likely to be sold by April with takeover bids imminent
Manchester United have received serious takeover interest from the Middle East, Asia and the United States and are poised to invite formal bids by a mid-February deadline. British billionaire Jim Ratcliffe is also continuing to monitor the situation closely and,…
Twitter Elon Musk lawsuit delayed, allowing more time to close deal
A judge has ordered a halt to Twitter’s lawsuit against billionaire Elon Musk so that he has more time to complete his $44 billion (€45 billion) takeover of the social media company. However, if the deal is not finalized, the…
Knocks, kudos as Access takes over Diamond Bank (Guardian)
Shareholders of Diamond Bank Plc have demanded an investigation into the financial institution’s “merger” with Access Bank Plc. The deal worth over N23.160 billion cash consideration will see to shareholders of Diamond Bank getting N1 per share. Nevertheless, they applauded…