• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Opinions Blurb

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

Nairametrics by Nairametrics
July 4, 2016
in Blurb, Corporate deals, Currencies
JAT explains how Oando will pay off its $450 million loans in 2 years

Source: Oando Plc

Share on FacebookShare on TwitterShare on Linkedin
Source: Oando Plc
Source: Oando Plc

Nigeria’s Oil and Gas Giant, Oando Plc announced on Monday that it has secured a $210 million recapitalization deal for its downstream operations by HV Investments II B.V., (“HVI”). HVI is a joint venture owned by Helios Investment Partners (“Helios”), a premier Africa-focused private investment firm and the Vitol Group (“Vitol”), the world’s largest independent trader of energy commodities (together, the “Consortium”).

The deal will see the formation of a new company called OVH Energy (“OVH”). OVH will not own interest in Oando Marketing Limited, Oando Supply & Trading Limited, Apapa SPM Limited, and Oando Trippmart Limited. Oando PLC will retain 49% shareholding in the newly formed corporate vehicle, with the Consortium owning 49%, and the residual 2% owned by a local entity.

Breaking down the deal

RelatedStories

Oando Plc,

Oando continues with strong financial performance, reports 172% growth in gross profit in Q1 2025 financial report 

June 26, 2025
Oando Plc,

Oando posts N113 billion Q1 PAT for 2025, on surging income tax credit 

June 25, 2025
  • Oando in a prior press release has confirmed that HVI was injecting about USD210million in OVH. Thus the 49% equity values OVH at a whopping $428.9 million or N128.7 billion. Oando ‘s 49% is thus valued at about N63 billion.
  • Oando as a group currently has a market capitalization of about N88 billion. Investors are probably looking at this and will likely place a high enterprise value multiple on Oando.
  • If Oando’s 49% ownership of a subsidiary is worth N63 billion and its total market is N88 billion, then one can assume that Oando is undervalued based on its enterprise equity value.
  • Oando’s share price rose by 10% at the close of trading on Monday. It is likely that the share price will rise further on the back of this valuation.
  • According to the company, OVH’s assets will comprise over 350 service stations in Nigeria with supporting infrastructure, including 84,000 tonnes of storage and a newly built inbound logistics jetty
  • It will also include its complementary businesses, chiefly LPG filling and distribution, lubricants and an interest in a supply and bulk distribution company in Ghana.
  • The new business will be the second largest downstream fuels company in Nigeria, with a market share of 12 per cent. Only Total is currently bigger
  • Oando’s downstream assets in 2015 generated a combined revenue of about N253 billion only. However, it reported a combine loss of about N9.1 billion.
  • The combined assets of the downstream sector is also about N194 billion while its liabilities is over N204 billion.
  • We will believe liquidity and ability to deliver required returns will be a challenge for this company. However, we acknowledge these are giant strides.

Follow us for Breaking News and Market Intelligence.
Tags: Oando Plc
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

Oando Plc,
Companies

Oando continues with strong financial performance, reports 172% growth in gross profit in Q1 2025 financial report 

June 26, 2025
Oando Plc,
Company Results

Oando posts N113 billion Q1 PAT for 2025, on surging income tax credit 

June 25, 2025
Oando Plc,
Companies

Oando deepens upstream investment with $375m financing deal  

June 5, 2025
Oando Plc,
Companies

Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day 

June 5, 2025
Oando Plc,
Companies

Oando becomes preferred bidder for Guaracara Refining Company in Trinidad, hints at Afro-Caribbean partnership 

March 11, 2025
Oando Plc,
Equities

Will Oando Plc gain another 529% this year? 

February 12, 2025
Next Post
Was There A Rise Or A Drop In Our External Trade In Q1?

This Probably Explains Why Nigerian Stocks Are Falling

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Coremars Asset Management earns investment grade rating: BBB Long-Term, A2 Short-Term  
  • Saudi Arabia introduces new skill-based work permit system for expatriates 
  • SCM Capital/Nigeria Energy Sector Fund declares N307.00 Coupon Per Unit – A 143.65% increase from previous year  

Follow us on social media:

Recent News

Coremars Asset Management earns investment grade rating: BBB Long-Term, A2 Short-Term  

Coremars Asset Management earns investment grade rating: BBB Long-Term, A2 Short-Term  

July 7, 2025
Saudi Arabia introduces age restriction for employers hiring overseas domestic staff, new recruitment platform

Saudi Arabia introduces new skill-based work permit system for expatriates 

July 7, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics