Deal
Alibaba expanding reach beyond online, buys 36% stake in China’s second largest retailer
In an attempt to expand beyond its online turf, e-commerce giant Alibaba Group Holding Ltd. is making another big bet…
Cannabis grower Aurora goes hostile in bid for CanniMed
Aurora Cannabis Inc. plans to take its C$582 million ($455 million) takeover offer for CanniMed Therapeutics Inc. directly to shareholders…
Russia, Venezuela sign $3.15bn restructuring deal
Russia signed an agreement to restructure $3.15 billion of debt owed by Venezuela, throwing a lifeline to a crisis-wracked ally…
Russia negotiating with more than 30 countries over sales of its MiG-35s
Russia is targeting export sales of at least $10 billion for the new MiG-35, the country’s most advanced jet fighter,…
Kenya government, banks agree to convert $405.3m of debt to equity
Kenya’s government and domestic lenders agreed to convert $405.3 million of Kenya Airways Plc debt into equity, giving the state…
ToLet.com.ng acquires Jumia House to trade as PropertyPro.ng
ToLet.com.ng, Nigeria’s leading online property classifieds portal, has in conjunction with their existing investors, Frontier Digital Ventures, acquired Jumia House…
