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Flint Group Agrees to Sale of European Publication Gravure Ink Business

2016-08-05 19:05:15| Coatings World Breaking News

Tags: business group sale publication

 

MTN Group posts H1 loss, organic revenue up 1.5%

2016-08-05 10:38:00| Telecompaper Headlines

(Telecompaper) MTN Group has reported a 14 percent increase in revenue to ZAR 78.88 billion for the first half of 2016 from ZAR 69.21 billion in the same period in 2015. This was positively affected by exchange rate movements and data services growth; excluding forex effects, revenue rose 1.5 percent. The number of subscribers was flat at 232.6 million on 30 June compared with 31 December 2015. EBITDA decreased 38.4 percent to ZAR 18.88 billion, hurt by the Nigerian regulatory fine (ZAR 10.499 billion). The net loss totaled ZAR 5.5 billion versus a profit of ZAR 11.9 billion a year ago.

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West Bromwich Albion to be sold to Chinese investment group

2016-08-05 09:45:56| BBC News | Business | UK Edition

West Brom chairman Jeremy Peace agrees a deal to sell the club to a Chinese investment group led by entrepreneur Guochuan Lai.

Tags: group west chinese sold

 

M&As this week: Pioneer Food Group, Ferrero, The Legacy Companies

2016-08-05 01:00:00| Food Processing Technology

South Africa-based Pioneer Food Group has acquired UK snack maker Streamfoods Holdings from Wellness Group of companies.

Tags: group week food companies

 

Deals this week: Harley Food Products, Jumia Group, Luvo

2016-08-05 01:00:00| Food Processing Technology

Harley Food Products will raise Rs3bn ($44.44m) from private equity firms to expand its business to new markets.

Tags: group products week food

 

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