In a landmark move that could reshape the landscape of Nigeria’s oil industry, Seplat Energy is on the verge of concluding its acquisition of ExxonMobil’s Nigerian shallow water oil assets, valued at a colossal $1.28 billion. This development comes after the Nigerian National Petroleum Corporation (NNPC) withdrew its legal challenge against the sale, which had Read More…
IBM unveiled its plans on Monday to acquire Software AG’s enterprise integration platforms for 2 trillion Naira ($2.33 billion), aiming to strengthen its capabilities in artificial intelligence and hybrid cloud solutions. The purchase involves Software AG’s StreamSets and webMethods platforms, which cater to crucial functions such as application integration, API management, and data integration. The Read More…
Reports from Sky News suggest a potential milestone agreement between Manchester United’s American owners, the Glazer family, and British billionaire Jim Ratcliffe. The deal, set at $33 per share, signifies Ratcliffe’s acquisition of a significant 25% stake in the revered English soccer club. This impending deal, expected to be finalised imminently, marks the conclusion of Read More…
