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CAK clears Mauritius firm to acquire 10.13pc stake in I&M Bank

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The East Africa Growth Holding has been granted an unconditional approval by the Competition Authority of Kenya (CAK) to acquire minority shareholding in I&M...

East Africa Cables sells majority stakes in Tanzania unit

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East African Cables Plc has reached an agreement to sell majority stakes held in its Tanzanian subsidiary to Msufini Tanzania Limited. The deal will see...

Boeing in takeover talks to buy parts supplier

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Boeing is in talks to take over Spirit Aerosystems, the supplier that has been involved in many of its recent manufacturing issues. The company, a...

US Steel sale to Nippon must be probed – Biden

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The White House says Nippon Steel's plan to buy US Steel should be probed on national security grounds,even though Japan is a "close ally". It also expressed...

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