Oando has expressed readiness to acquire ConocoPhillips Nigerian assets as the company raises the necessary finance for the $1.79 billion (1.17 billion pounds) deal. The company’s chief executive, Wale Tinubu, disclosed that Oando, having already raised the additional equity needed with a rights issue, now also has agreed in principle to pay the necessary […]
1 min read
Oando has expressed readiness to acquire ConocoPhillips Nigerian assets as the company raises the necessary finance for the $1.79 billion (1.17 billion pounds) deal.
The company’s chief executive, Wale Tinubu, disclosed that Oando, having already raised the additional equity needed with a rights issue, now also has agreed in principle to pay the necessary debt.
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