CATEGORY: CORPORATE DEALS

DEAL: Helios Completes Purchases of 49% Stake In Oando Gas and Power Limited

Nairametricsǀ Helios Investment Partners LLP, a premier Africa-focused private investment firm has announced the purchase of 49% voting rights...


Coca Cola Spends $3.5b Buying Africa’s Largest Coke Bottler

In one of the largest deals in Africa this year, Coca Cola has bought a majority stake in Coca-Cola...


Deal: Oando Completes $115.8 Million Divestment To Helios Investment Partners

Oando Plc has announced the completion of its $115.8 million gas and power divestment to Helios Investment Partners. The...




DEAL: MTG Sells TV Business To Econet Media Group

Modern Times Group (MTG) has exited the Nigerian market after the sale of its free-TV broadcasting and production businesses...



Mobil Confirms NIPCO Purchase Consideration Is $301million

Last October, Mobil Nigeria Plc announced it had agreed a deal that will see NIPCO acquire about 60% of...


UACN Launches Mandatory Takeover Of Portland Paints

UACN to takeover Portland Paints at 224% premium of current share...


Total Plc Steps Up Efforts To Sell Downstream Assets With “12 Firms” Submitting Bids

Total Nigeria Plc is reported has planning to sell its downstream businesses. This is according to reports from the...


What We Currently Know About The Mobil/Nipco Deal

Last week, the Nigerian Stock Exchange Published  press release confirming that Exxon Mobil has agreed a deal that will...


Deal: Resourcery Consultancy Services Completes 75% Acquisition of Great Nigeria Insurance

About 21, 2.87 billion units representing 75% equity shareholding of Great Nigeria Insurance were crossed to Insurance Resourcery Consultancy...


GSK Nigeria Completes Divestment of Drinks Bottling Business To Suntory BFN Ltd.

Glaxosmithkline Consumer Nigeria Plc has completed the divestment of its drinks bottling and distribution business to Suntory Beverage &...


Deal: Hilton Confirms It Will Build A 350 Room Hotel At MMA

Hilton Worldwide has confirmed plans to open a 350 guestroom and suite hotel at the Lagos Murtala Muhammed International...


BOOM: Diageo Backs Out From Offer To Acquire More Guinness Nigeria Shares

Diageo Plc, the Parent company of Guinness Nigeria has informed investors that it is no longer interested in taking...



DEAL: Interswitch Purchases VANSO For N15 Billion

Interswitch completes deal to buyout VANSO for N15...


Petrolex Signs Deal To Construct Nigeria’s Largest Petroleum Depot

Deal for Nigeria's largest petroleum depot has been...


Deal: Helios Buys 49% of Oando Gas and Power for $115.8 Million

Oando Plc sells 49% voting rights of Oando Gas and Power to Helios Investment for $115.8...



Oando’s Just Signed A Mega $210m Deal, What it Could Mean For Its Share Price

Nigeria's Oil and Gas Giant, Oando Plc announced on Monday that it has secured a $210 million recapitalization deal...