A lawyer for Glenn Agliotti , charged with organizing the killing of mining magnate Brett Kebble and seeking to have four other people murdered, sought to pin the blame for the shooting of an Allan Gray Ltd. fund manager on his security manager.
David Jones Ltd.’s refusal to merge with its closest competitor, followed by a board shakeup, has only increased speculation more bids will come for Australia’s oldest department store.
Zimbabwe’s deteriorating economy and a stock market that’s fallen more than any other in Africa this year are doing nothing to scare off one of South Africa’s biggest money managers.
Roc Oil Co. defended a deal to combine with Australian explorer Horizon Oil Ltd. to create a company valued at A$800 million ($742 million), saying most shareholders it has talked to are supportive.
Roc Oil Co., whose bid for Horizon Oil Ltd. faces investor opposition, said the A$800 million ($748 million) merger will help the Australian company add assets in Malaysia and Indonesia.