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Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover
Business and Economy

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from energy and power generation to

Twelve US states sue to block Paramount's Warner Bros. takeover
Business and Economy

Twelve US states sue to block Paramount’s Warner Bros. takeover

California and 11 other US states on Monday sued to block Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, calling the largest merger in

 One Week of Trump’s DC Takeover Attempt
USA News

One Week of Trump’s DC Takeover Attempt

A week ago, President Donald Trump and members of his cabinet announced a takeover of law enforcement functions in Washington, D.C. using three tools: deployment of elements

UK bank sells Botswana subsidiary amid takeover interest
Business and Economy

UK bank sells Botswana subsidiary amid takeover interest

Standard Chartered Plc is exploring the sale of its corporate and investment banking, retail, and wealth management units in Botswana. The London-headquartered bank has reportedly