Femi Otedola Increases Stake in First HoldCo to 21.96%

Nigerian billionaire Femi Otedola has raised his stake in First HoldCo to 21.96% through a N77.6 billion share purchase, increasing his control from 9.28 billion to 9.99 billion shares.

22 Jul, 14:28 — 22 Jul, 14:28

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vanguard-ngMixed25d ago

Femi Otedola raises First HoldCo stake to 21.96% with N77.6bn share purchase

The latest acquisition raised Otedola’s stake from 20.42 per cent to 21.96 per cent, increasing the volume of shares under his control from 9.28 billion to 9.99 billion. The post Femi Otedola raises First HoldCo stake to 21.96% with N77.6bn share purchase appeared first on Vanguard News.

By Akinbayo Wahab

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Femi Otedola Increases Stake in First HoldCo to 21.96%

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Femi Otedola raises First HoldCo stake to 21.96% with N77.6bn share purchase

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