Bharti Airtel Limited is interested in acquiring Nigeria’s 9mobile, according to Goldman Sachs. If the Sunil Mittal-led telecom firm buys 9mobile, it will become the number one operator in Nigeria, Goldman Sachs added in the report based on an analyst meet arranged by the company. Bharti Airtel, Helios Investment Partners, Smile Telecoms, Globacom and Teleology […]
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The outcome of the OPEC meeting in Vienna later this week is uncertain given current crude prices and a lack of consensus on an output cut extension deal, Goldman Sachs said on Monday. “The absence of such a consensus is due to the uncertainty on the progress of the oil market rebalancing as well as […]
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Anglo-Dutch consumer group Unilever has decided to work with Morgan Stanley and Goldman Sachs on the sale of its margarine and spreads business, which was announced last week, sources told Reuters on Thursday. The sale, which could fetch as much as 6 billion pounds ($7.52 billion), is expected to kick off later this year, the […]
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Goldman Sachs is losing an architect of its Asia-Pacific division at the same time it confronts slowing activity in the region and a probe over its dealings in Malaysia. Mark Schwartz, 62, has decided to retire from his post as chairman of Goldman Sachs Asia Pacific, according to a memo Monday from chief executive Lloyd […]
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CNN… GOLDMAN Sachs thinks crude oil’s late January surge back above $34 a barrel was a mere head fake. The elite Wall Street firm believes oil prices are poised to plunge to new lows below $26 a barrel — despite talk of OPEC coming to the rescue by cutting production. “It may already be too […]
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