Mergers & Acquisitions
Australian service marketplace Freelancer to add American firm Warrior Forum in $3.2M cash deal
Sydney, Australia-based outsourcing and service marketplace Freelancer will add US-based internet marketing forum Warrior Forum in a deal valued at $3.2 million in cash to provide an Internet business platform for its users.
Times Media Group acquires Radio Africa Limited in a deal valued USD18.62 million
South African company Times Media Group has acquired a majority stake in Radio Africa Limited valued USD18.62 million, reported Ventures Africa.
Daiichi Sankyo says Ranbaxy-Sun Pharma merger may close by the end of 2014
Daiichi Sankyo said in a statement that the merger deal between Ranbaxy and Sun Pharma would possibly close by the end of 2014, reported ET.
South African firm Times Media picks up 49pct stake in Radio Africa in $18.6M deal
Johannesburg, South Africa-based media firm Times Media Group (TMG) picked up a 49% stake in Nairobi, Kenya-based broadcasting company Radio Africa Ltd in a deal valued at $18.62 million ZAR1.58 billion.