Amazon

Amazon Acquires MGM For $8.45bn, Nearly $3bn Over Estimated Value

BEVERLY HILLS, May 26, (THEWILL) – Amazon said Wednesday that it struck a deal to acquire the historic movie studio, Metro Goldwyn Mayer (MGM), for $8.45 billion, bolstering its efforts to become a top player in Hollywood. The deal will give...

Amazon To Open African Headquarters In South Africa

BEVERLY HILLS, April 21, (THEWILL) - US retail giant, Amazon, says it plans to open its first African office in South Africa with a real estate investment of over R4 billion. The announcement is coming a week after Twitter chose to...
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Tinubu Flags Off $3.5bn Bakassi Deep Seaport, Targets Lagos Port Congestion

The President, Bola Ahmed Tinubu has flagged off the construction of the $3.5 billion Bakassi Deep Seaport in Cross River State, describing the project as a strategic investment that will reduce pressure on Lagos ports and reposition Nigeria’s maritime industry.
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