Nigerian billionaire Femi Otedola has sold off his entire shares in Transcorp Plc to Tony Elumelu, the company’s chairman and largest shareholder. This development comes two weeks after news first emerged about his acquisition of a large minority stake. The strategic sale puts an end to the interesting corporate drama that ravaged Nigeria’s capital markets …
The post Femi Otedola Sells His Transcorp Stake to Tony Elumelu appeared first on Business Elites Africa…
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