ChemChina's acquisition of Syngenta is extended up to July. The Chinese firm is about to takeover the Swiss-based company for $43 billion with $465 a share along with a special dividend. Both companies are just waiting for the regulatory approval.
South African President Jacob Zuma has rejected the rumors for arresting his former finance minister Pravin Gordhan on Sunday. He along with eight other former officials has been investigating their illicit roles in forming a special unit inside SARS. However, his arrest may put the country into a deep financial crisis, warn the economists.
Ryanair is probably going to face a class action lawsuit for imposing unfair charges. The budget carrier claims, such charges are imposed to keep the tariff rate lower. Organizer of the online campaign expresses dissatisfaction over the carrier’s effort to remain cheap at the cost of consumers.