Latest Breaking News On - Financial services plc - Page 1 : comparemela.com
Ethiopia: A Tumultuous Year
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
A Tumultuous Year | The Reporter | Latest Ethiopian News Today
thereporterethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thereporterethiopia.com Daily Mail and Mail on Sunday newspapers.
By Adedapo Adesanya Market bellwether, FrieslandCampina WAMCO Nigeria Plc, single-handedly returned the NASD Over-the-Counter (OTC) Securities Exchange to gaining ways on Thursday as it lifted the unlisted securities exchange by 1.46 per cent. The milk-producing company recorded an 8.2 per cent or N9 increase at the
(2)
XYLEM Trading Ltd ( Xylem ) is pleased to announce that it has entered into a Put Option Agreement ( Agreement ) with LDA Capital Limited ( LDA Capital ), a global alternative investment group, for the purposes of acquiring a controlling stake in Madison Financial Services Plc ( Madison or Company ), a diversified financial services group listed on the Lusaka Stock Exchange. LDA Capital has agreed to an equity commitment for up to USD 35,000,000 ( Commitment Amount ) to be utilized over the next 36 months.
Under this agreement, Madison shall have the right, but not the obligation, to draw down capital as required. The Company will control the timing and amount of capital drawn down under this Agreement. This method of fundraising provides management with a flexible financing tool and allows Madison Financial the ability to deploy cash on an as-needed basis.