News Formal

Geregu Power, investors begin talks over acquisition

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Geregu Power Plc and Fund for Export Development in Africa have begun talks for the acquisition of a portion of the local power generating company.

The company’s share has gained about 23 per cent since it was listed on the NGX two months ago.

The power firm is valued at N307 billion with 2.5 billion outstanding shares sold at N122.80 on Friday, according to investors. Geregu Power was listed at N100 this year and had hit a 52-week high at N130.2. The company has been in the debt capital market to raise funds for expansion and improve working capital.The company recently raised N40 billion in bonds from the local debt capital market this year.

According to a notification signed by the company’s secretary, Akinleye Olagbende, “Geregu Power Plc hereby notifies Nigerian Exchange Limited and the investing public of its discussions with the Fund for Export Development in Africa for the acquisition of a portion of Geregu Power Plc shares.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Otedola’s Geregu Power begins share acquisition talks with AfreximbankGeregu Power’s share price fell 5.7 per cent N122.8 in Lagos on the day of the announcement, a signal investment are possibly not impressed by the move.
출처: PremiumTimesng - 🏆 3. / 78 더 많은 것을 읽으십시오 »