LONDON: UIL Limited has announced plans to merge the Zeta Resources Limited (“Zeta”) investment platform into its operations. This follows a sale and purchase agreement with General Provincial Life Pension Fund Limited (“GPLPF”) to acquire all 187,572,396 ordinary shares in Zeta held by GPLPF. This acquisition will result in UIL owning 95.03% of Zeta’s share…
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DP World forms investment platform to invest in Africa
DUBAI, UAE: DP World has created an investment platform in partnership with the UK’s development finance institution and impact investor CDC Group (CDC), a bourse filing said. The platform covers a long-term investment period. DP World is contributing its stakes in three existing ports initially and expects to invest a further $1 billion through the platform over the next several…