L’Oreal to Buy Magic Holdings International for $843m
Bloomberg L’Oreal SA, the world’s largest cosmetics maker, agreed to buy China’s Magic Holdings International Ltd. for HK$6.54 billion ($843 million) to expand in a market where sales growth is outpacing that of the company. L’Oreal will pay HK$6.30 a share in cash...
Boost for Ghana green economy
Ghana Web The future of business investments in Ghana should move in the direction of ventures that add value to the local eco-system, says the Venture Capital Trust Fund (VCTF). The Fund is at the forefront of promoting ‘impact investing’, a concept that accommodate...
CSC buys Austin’s Infochimps to delve deeper into ‘big data’
Austin Business Journal Cloud services provider Infochimps Inc. has been acquired by a giant based in Virginia. Computer Sciences Corp. bought Austin-based Infochimps, but the company hasn’t issued an announcement. On Tuesday, Infochimps CEO Jim Kaskade posted a...