Market news

Cambria Africa buys stake in Zimbabwe property group Radar

Cambria Africa said it had acquired a stake in Zimbabwean property developer Radar Holdings for $16m.

The 7.38% beneficial interest was acquired through Payserv Africa....

BAE Systems finalises £5bn fighter jet contract with Qatar

Defence group BAE Systems said a £5bn contract to supply Qatar with 24 Typhoon fighter jets had become effective on Tuesday.

The contract, first signed...

Keras Resources identifies new manganese outcropping in Togo

Keras Resources said it had identified a new outcropping of manganese mineralisation at its Nayega project in northern Togo.

An additional eight hectares were found...

Infrastructure India gets loan extensions as it works to seal new financing deal

Infrastructure India said it had agreed to extensions of two loans, as it worked to finalise a $125 million financing agreement with PSA International.

The...

March & McLennan buys Jardine Lloyd Thompson for £4.3bn

US financial services specialist March & McLennan said it had agreed to buy insurer Jardine Lloyd Thompson in a deal that values the latter at...

Kibo Energy says new Tanzania tender process could expand opportunities

Kibo Energy said the a new tender process for projects in Tanzania could expand the company's opportunity to participate in the development of the African...

Arsenal confirms departure of CEO Ivan Gazidis to AC Milan

Arsenal Holdings confirmed that Raul Sanllehi and Vinai Venkatesham would lead the football club following chief executive Ivan Gazidis's decision to join AC Milan.

Gazidis...

Erris Resources investment scheme status confirmed in UK

Erris Resources, which has zinc and base metal projects in Ireland and gold projects in Sweden, confirmed that it had been granted enterprise investment scheme...

XPS Pensions sells healthcare consulting unit to Punter Southall

Pensions consulting and administration business XPS Pensions Group said it had sold its Healthcare Consulting unit to Punter Southall Group for £1.25m.

The business provided...

CyanConnode revenues $11.6m order from an Indian state-owned utility

CyanConnode said Tuesday it had received a $11.6m order from an Indian state-owned utility for the company's smart metering hardware.

The major purchase order...