TheNewsGuru

Tag: takeover

  • Titan Trust retires top Mgt of Union Bank, directors after takeover

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    Emman Ovuakporie
    in ,

    Titan Trust Bank has fired the board and management of Union Bank PLC after taking over the old generation bank. TheNewsGuru.com, (TNG) reports this was contained in a statement issued by the bank notifying the Nigerian Exchange Group of the resignation and subsequent retirement of directors from the board of the Union Bank.

  • Todd Boehly ‘honoured’ as Chelsea takeover completed

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    Bayo Millz
    in

    Chelsea’s £4.25bn sale to a consortium led by American investor Todd Boehly and private equity firm Clearlake Capital has been completed. The club was put up for sale in March before previous owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin. Chelsea had been operating under a special government licence which…

  • Premier League approve £4.25bn Chelsea takeover

    Premier League approve £4.25bn Chelsea takeover

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    by

    Bayo Millz
    in

    The Premier League has approved the £4.25bn takeover of Chelsea by a consortium led by LA Dodgers co-owner Todd Boehly. The league says the consortium has passed its owner’s and directors’ test. The Premier League club was put up for sale before owner Roman Abramovich was sanctioned over

  • PDP begs IGP to stop invasion of Edo Assembly

    PDP begs IGP to stop invasion of Edo Assembly

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    Femi Ajasa
    in ,

    The People’s Democratic Party (PDP) on Thursday begged the Inspector-General of Police (IGP), Adamu Mohammed, to stop the invasion and alleged attempt to forcefully take over of the Edo State House of Assembly by security agencies. The PDP National Publicity Secretary, Kola Ologbondiyan, gave the charge while speaking at a press briefing at the party’s…

  • Premier League warned over Newcastle takeover

    Premier League warned over Newcastle takeover

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    by

    Bayo Millz
    in ,

    The Premier League has been urged by one of its largest overseas broadcast partners to “fully interrogate” Newcastle United’s proposed £300m takeover. The chief executive of the Qatar-based TV giant beIN Sport, Yousef al-Obaidly, has written to the chairs of top-flight clubs about the deal, which could see the Magpies bought by a Saudi-backed consortium.…

  • Saraki distances self from plot to remove Osinbajo, take over presidency

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    Femi Ajasa
    in ,

    Senate President Bukola Saraki has debunked reports that he contracted some governors to pressure acting President Yemi Osinbajo to resign. The report stated that Saraki was looking to take over as President once Osinbajo reign. But the Senate President in a statement said such reports were baseless, empty and unintelligent. He said, “My attention has…