L3Harris Explores Sale of $1bn Avionics Unit

L3Harris Explores Sale of $1bn Avionics Unit

L3Harris Technologies Inc., the aerospace and defence company, is exploring a sale of its avionics business, according to people with knowledge of the matter. The US company is working with an adviser on the sale, which could fetch about $1 billion based on typical...
African Infrastructure Fund Targets $500m in First Close

African Infrastructure Fund Targets $500m in First Close

Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration Fund that will invest in energy, transportation, telecommunication and water projects. The platform started more than a decade ago by the...