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Minerva BEEF3, South America’s largest beef exporter, has pledged to reduce its debt after a significant acquisition. This decision comes in response to ongoing concerns about the company’s debt levels, …
Minerva BEEF3 Commits to Debt Reduction Following Major Acquisition Read More
Jio Financial Services and Allianz SE have made a preliminary agreement to create an insurance business in India, following Allianz’s sale of its stake in a Bajaj Finserv joint venture. …
Jio Financial and Allianz SE Collaborate for New Insurance Venture in India Read More
The Egyptian government is undertaking a new valuation of Banque du Caire to determine its sale percentage, emphasizing transparency in the process. Prime Minister Madbouly confirmed that the privatization includes …
Egyptian Government Initiates New Valuation of Banque du Caire Before Stake Sale Read More
Hapvida has corrected its accounting practices from 2016 to 2023, which positively impacted its 2024 net equity by 503 million reais under CPC 50 standards, though it decreased by 202 …
Hapvida Strengthens Financial Position with Accounting Corrections and Debt Renegotiation Read More
Brazilian insurance firm Caixa Seguridade conducted a secondary share offering that raised $216 million, priced at 14.75 reais per share, according to Valor Economico. The offering was executed by Caixa …
Caixa Seguridade’s Share Offering Generates $216 Million in Capital Read More
Hapvida, a Brazilian healthcare operator, is implementing corrections to its accounting methods from 2016 to 2023, resulting in a net equity increase of 503 million reais. The company is also …
Hapvida Enhances Financial Transparency Through Accounting Adjustments and Debt Renegotiation Read More
South Africa aims to be removed from the FATF greylist by October, with only two issues left to address, according to a National Treasury official. South Africa is actively working …
South Africa Seeks Removal from FATF Greylist by October Read More
MTN Group reported a $15.8 million gain from selling its Guinea-Bissau unit, while the disposal of Guinea-Conakry resulted in a $75 million loss. This divestment aligns with MTN’s strategy to …
MTN Group Reports Gain from Guinea-Bissau Sale Amid Loss from Guinea-Conakry Disposal Read More
MTN Group realized a gain of $15.8 million from selling its Guinea-Bissau subsidiary while incurring a $75 million loss on the sale of Guinea-Conakry. The group aims to focus on …
MTN Group Reports $15.8 Million Gain from Guinea-Bissau Sale Amid Loss in Guinea-Conakry Read More
Lara Warner, former compliance chief of Credit Suisse, was fined 100,000 Swiss francs for not reporting a suspicious transaction linked to a $1.5 billion scandal involving Mozambique. She is contesting …
Switzerland Imposes Fine on ex-Credit Suisse Executive Over Mozambique Transaction Read More