もっと詳しく

Femi Otedola, a billionaire business investor, has purchased the bulk of FBN Holdings’ shares (FBNH). Otedola is rumored to be planning a huge buyout of FBN Holdings’ stock, which would make him the company’s only majority stakeholder. According to those familiar with the transaction, Otedola’s controlling ownership of FBN Holding Company, which owns Nigeria’s oldest bank, First Bank, is about to be inverted after months of cautious and meticulous purchases of the company’s shares on the Nigerian Stock Exchange floor. Otedola has been gradually accumulating his ownership and surpassing shares …