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Lonrho News

Fastjet executive chairman Lenigas steps down
10 Jun 2013

Fastjet executive chairman Lenigas steps down

June 10 (Reuters) - Fastjet, the African budget airline backed by easyJet founder Stelios Haji-Ioannou, said its Executive Chairman David Lenigas has ...

FastJet looks to overcome obstacles to African airline growth
4 Jun 2013

FastJet looks to overcome obstacles to African airline growth

* Early success in Tanzania but expansion delayed * Carrier faces regulatory, infrastructure, cost problems * African aviation set to grow rapidly By ...

UPDATE 2-UK's Lonrho gets buyout offer of nearly double its market value
15 May 2013

UPDATE 2-UK's Lonrho gets buyout offer of nearly double its market value

* FS Africa consortium offers 10.25 pence per share * Offer represents premium of 97.1 pct to stock's Tuesday close (Adds analysts comments, backgro...

Lonrho agrees bumper takeover deal with Swiss billionaire
15 May 2013

Lonrho agrees bumper takeover deal with Swiss billionaire

Africa-focused mini-conglomerate Lonrho has agreed terms for its takeover almost double its opening market value. Lonrho's board has agreed to a cash...

STOCKS NEWS EUROPE-UK small caps up 0.2 pct, led by Lonrho
15 May 2013

STOCKS NEWS EUROPE-UK small caps up 0.2 pct, led by Lonrho

UK small caps rise 0.2 percent, in line with mid-caps and outperforming blue chips, down 0.2 percent. Shares in Lonrho rise 89 percent to 9.82 pence, ...

Lonrho receives 174.5 mln stg buyout offer
15 May 2013

Lonrho receives 174.5 mln stg buyout offer

May 15 (Reuters) - British industrial group Lonrho Plc said it received a 174.5 million pound ($266.23 million) buyout offer from FS Africa. Lonrho s...

Wednesday tips round-up: Centamin. Robert Walters, Lonrho
10 Apr 2013

Wednesday tips round-up: Centamin. Robert Walters, Lonrho

Egypt-focused gold miner Centamin yesterday unveiled a better than forecast increase in production which - if sustained - could see the company beat i...

Lonhro raises funds for expansion plans
5 Apr 2013

Lonhro raises funds for expansion plans

Lonrho's shares fell Friday after it announced it has raised 2.4 million pounds to fund its expansion plans. The African transport, food and hotels c...