NEW DEALS

NEW DEALS

DEALS – FEB 19, 2020Telecom & IT

  • Investment criteria:
    • Revenue: US$ 5mn to 20mn
    • EBITDA: US$ 1mn to 10mn
    • Stake required: Less than 50%
  • More about the client: Japanese investor looking for opportunities in the Telecommunication and IT sector across the globe. Click here to know more about this requirement 

Submersible Motor Pumps

  • Acquisition criteria:
    • Revenue: US$ 5mn to 500mn
    • EBITDA: US$ 2mn to 30mn
  • More about the client: Global strategic acquirer is interested in the manufacturers for submersible motors pumps and components for Oil & Gas (Offshore & Onshore), Water pumps (Cooling & Hot Water). Click here to know more about this requirement 

Ophthalmology surgical, Intraocular lens

  • Acquisition criteria:
    • Revenue: US$ 10mn to 250mn
    • EBITDA: US$ 0mn to 30mn
  • More about the client: Seeking companies manufacturing ophthalmological Surgical Devices & intraocular lenses, and other medical equipment across the globe.

Building Materials | Fasteners

  • Acquisition criteria:
    • Revenue: US$ 15mn to 200mn
    • EBITDA: US$ 2mn to 30mn
  • More about the client: Seeking companies specializing in wood construction connectors, cold-formed steel connectors, fasteners & fastening systems, Adhesive Anchors, etc

Vertical Software

  • Acquisition criteria:
    • Revenue: US$ 5mn to 500mn
    • EBITDA: US$ 0mn to 20mn
  • More about the client: Seeking industry-specific software companies providing solutions to Legal, Accounting, Auditing, Tax, Compliance functions or any other industry.

You can connect with these investors and many more to share your deals by replying to this email or add it info@optionxpress.com.ng That’s all!

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Hong Kong’s economy is in peril, but its financial system is not – The Economist

Hong Kong’s economy is in peril, but its financial system is not – The Economist

As they repay their debt to society, many Hong Kong prisoners are put to work making useful items like road signs, uniforms, furniture—and the surgical masks that now obscure the faces of almost everyone on the city’s subdued streets. To help stop the spread of the Wuhan coronavirus, which has infected over 28,000 people worldwide, prisoners will now be employed round the clock, boosting mask production by as much as 60%. https://www.economist.com/leaders/2020/02/06/hong-kongs-economy-is-in-peril-but-its-financial-system-is-not?utm_campaign=the-economist-today&utm_medium=newsletter&utm_source=salesforce-marketing-cloud&utm_term=2020-02-11&utm_content=article-link-6

We shall not bow|Femi Kayode

We shall not bow|Femi Kayode

DAILY FINANCIAL MARKET SUMMARY

The Nigerian equity market on Tuesday halt losing streak of two consecutive trading sessions, following bargain hunting on bellwether stocks like MTNN, ZENITHBANK, and 11 others. However, the market breadth closed negative, recording 13 gainers against 17 losers.

In summary, the All-Share Index (ASI) increased by 99.71 absolute points, representing a growth of 0.36% to close at 27,871.90 points, However, the overall Market Capitalization size gained N51.93 billion, representing a growth of 0.36% to close at N14.52 trillion.

UACN emerged as the top gainer while SKYAVN emerged as top loser. Source|GTI

OPINION!

OPINION!

Can Nigeria float the Naira now?

There is nothing wrong in borrowing within acceptable levels. But borrowing to fund non-self amortizing projects and/or funding unproductive and for consumption is the problem.
The presidency, CBN and productive economic reforms

For the total import of about 450,000 tons in 2017, it will take about 75 plants producing an average of 20 tpd in output to produce that quantity. The issue is will the South-East and South-South Governors key into the project, when everybody is running to Abuja to collection allocation. They have the comparative avenues to increase their IGR and employ their teaming unemployed youth. But No!, they will not do it! – CBN and the oil palm rescucitation

NNPC’s $48 billion oil and gas projects

TOP NEWS!

TOP NEWS!

The marginal reduction in interest rate

Senate moves to halt CBN’s financial interventions

Saudi Aramco Was the World’s Most Profitable Company in 2018

Stocks Jump, Bonds Fall as China Data Lifts Hopes: Markets Wrap

Kellogg nears deal to sell Keebler and Famous Amos business to Nutella owner Ferrero

Global recession fears are overblown, even as growth will stay ‘sluggish’ in 2019: PNC

China’s factories power on; EasyJet warning; US retail sales

Jeff Bezos investigator: Saudi Arabia obtained private information

CBN and the oil palm rescucitation

Federation Account Allocation Committee (FAAC) (February 2019 Disbursement)