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Nigeria: Dangote Sugar Pays N4.8 Billion Dividend

2015-05-26 08:45:51| Sugar Industry News

Dangote Sugar Refinery has declared N4.8 billion dividend for the year ended December 31, 2014 to be paid to its shareholders. The dividend, which translates into 40 kobo per share, was approved by the shareholders at the 9th Annual General Meeting (AGM) in Lagos. In his address to shareholders, the Chairman of Dangote Sugar, Alhaji Aliko Dangote, said despite the challenging circumstance in 2014, Dangote Sugar posted a turnover of N95 billion.

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Carmakers' $23 Billion Mexico Venture May Face Snarls at Ports

2015-05-26 05:12:38| Automakers - Topix.net

Vehicles sit on the production line at the new Nissan Motor Co. assembly plant in Aguascalientes, Mexico.

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Charter confirms $56.7 billion Time Warner Cable acquisition

2015-05-26 02:00:00| Total Telecom industry news

Cableco amends Bright House deal in order to create company serving 23.9 million customers.

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Charter nears US$55 billion deal for Time Warner Cable: source

2015-05-25 19:56:31| Telecom - Topix.net

Charter Communications Inc is nearing a US$55 billion agreement to acquire Time Warner Cable Inc, combining the third- and second-largest U.S. cable operators, a person familiar with the matter said on Monday. REUTERS: Charter Communications Inc is nearing a US$55 billion agreement to acquire Time Warner Cable Inc, combining the third- and second-largest U.S. cable operators, a person familiar with the matter said on Monday.

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Report: Uber Seeks $1 Billion Credit Line; Could Presage IPO

2015-05-24 16:49:39| Telecom - Topix.net

Uber Technologies Inc. wants to obtain a bank credit line worth a $1 billion in a development that could presage an initial public offering for the ride-sharing company. About a half-dozen large banks are expected to form a lending consortium to provide the credit, according to a report Friday in The Wall Street Journal .

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