Author: PageOne

Diebold Nixdorf plans to sell itself
Tech

Diebold Nixdorf plans to sell itself

ATM machine maker, Diebold Nixdorf Inc., is said to be in talks with financial advisers for a potential sale of the company. According to Reuters quoting CNBC, the report said Diebold has hired Credit Suisse and Evercore to prepare a potential sales pitch. The report claimed that Bain Capital and […]

Petrofac secures USD370 million Southern Iraq contract
Energy

Petrofac secures USD370 million Southern Iraq contract

Petrofac has been awarded a contract worth around USD370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EPC) project scope of work includes two […]

Golden Moments at the Tecno Spark 2 Party
Tech

Golden Moments at the Tecno Spark 2 Party

During the penultimate Friday, Tecno Spark 2 Party organised the largest student rave at the Muri Okunola Park, Victoria Island Lagos. The event hosted A-list star performances from top music acts and was well attended by students from all major universities across Nigeria. The excitement and frenzy witnessed at the […]

Elliott Management Corp buys stake in Nielsen
Global

Elliott Management Corp buys stake in Nielsen

The activist investment firm, Elliott Management Corp said it has bought about 8% stake in TV rating firm, Nielsen Holdings. Reuters said in a news report that Elliott believes that Nielsen’s “buy” segment, which measures retail and consumer behavior, has failed to keep up with competitors like market research company […]

KKR acquires 60% stake in Ramky Enviro Engineers
Global

KKR acquires 60% stake in Ramky Enviro Engineers

KKR will acquire a 60% stake in Ramky Enviro Engineers Limited for approximately US$530 million via a combination of primary and secondary investments valuing the Company at an enterprise value of US$925 million. REEL’s suite of comprehensive offerings includes the management, collection, transport and processing of hazardous, municipal, biomedical and […]