Barclays seeks a majority stake in ABSA Group of South Africa

Article Abstract:

Britain's Barclays PLC is negotiating the possible acquisition of South Africa's largest retail bank, Absa Group Ltd. The acquisition would mark Barclay's return to retail banking in South Africa after a period of 18 years during which it has focused primarily on its investment banking operations in that country.

Commercial Banks, Foreign operations, South Africa, Labor Distribution by Employer, Banking industry, Statistics, Barclays PLC, Absa Group Ltd.

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Bidding battle for Alliance Boots heats up

Article Abstract:

UK pharmacy firm Alliance Boots PLC has attracted rival bids from two private equity groups, Terra Firma Investments Ltd. and Kohlberg Kravis Roberts and Co. Terra Firma sweetened its offer to 1,126 pence per share after Alliance Boots agreed to Kohlberg Kravis' bid of $21.22 bil.

Pharmaceutical preparations, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, United States, Pharmaceutical industry, Kohlberg Kravis Roberts & Co.

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