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BREAKING: Femi Otedola sells majority stake in Geregu Power in $750 million deal - Source News

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BREAKING: Femi Otedola sells majority stake in Geregu Power in $750 million deal

Nairametrics•14 days ago•centre•Credibility: 75/100

Billionaire investor Femi Otedola has exited Geregu Power Plc in a landmark $750 million transaction that sees him divest his 77% controlling stake in the power company. This is according to a filing by Geregu Power Plc on the Nigerian Exchange (NGX) website and sources familiar with the matter. The transaction was executed through the […] The post BREAKING: Femi Otedola sells majority stake in Geregu Power in $750 million deal appeared first on Nairametrics.

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BREAKING: Femi Otedola sells majority stake in Geregu Power in $750 million deal

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