Otedola confirms acquisition of stakes in Transcorp

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Billionaire businessman, Femi Otedola, has confirmed the acquisition of shares in the indigenous conglomerate, Transcorp Corporation Plc.

In the notice filed signed by the Company Secretary, ‘Funmi Olofintuyi, with the NGX on Thursday, Transcorp said that it welcomes the investment.

“As noted in our previous communication, the Company welcomes this expression of confidence in its leadership and management as we continue our unwavering commitment to superior stakeholders’ returns, anchored in our ideology of Africapitalism.

Over the weekend, there were also reports that Otedola had acquired more shares in the conglomerate, bumping his stakes to over six per cent. Meanwhile, some shareholder groups have hailed the acquisition of shares in Transcorp by Otedola. They also advised the business mogul to work with the existing shareholders to move the conglomerate forward.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Otedola confirms acquisition of 5.52% stake in Transcorp | TheCableFemi Otedola, the chairman of Geregu Power, has confirmed the acquisition of a 5.52 percent stake in Transcorp Plc.
La source: thecableng - 🏆 2. / 80 Lire la suite »

The Business World of Ghanaian Billionaire, Henry Djaba Jnr – THISDAYLIVE
La source: THISDAY LIVE - 🏆 14. / 51 Lire la suite »