Corporate deals
Mergers and Acquisitions, deal making, takeovers
Access Holdings completes acquisition of indirect equity stake in Sigma pensions
Following the acquisition, Access Holdings has merged its FGPL with Sigma Pension
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CutStruct Technology raises $600,000 to build B2B procurement product
CutStruct is led by two second-time founders, John Oamen and Tayo Odunsi
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Preline Limited completes takeover of 1.3 million shares in Eterna Plc
The acquisition of over 700 million units of Eterna Plc shares by Preline Limited triggered a mandatory tender offer
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Nigeria’s SME-focused fintech, Payhippo, acquires Maritime Microfinance Bank
The acquisition will allow Payhippo to have direct access to Nigeria’s Interbank Settlement System (NIBSS)
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European Investment Bank backs MTN Nigeria with €100 million for high speed network expansion
The transaction represents EIB’s largest financing for mobile telecoms network expansion in Africa
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Access Holdings to acquire indirect equity stake in Sigma Pensions
Access Holdings plan is to consolidate the entities to create a formidable Pension Funds Administration (PFA) business
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Union Bank gets notification for mandatory takeover by Titan Trust Bank
Recall that Titan Trust recently acquired a majority shareholding in Union Bank Plc
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CBN sells Polaris Bank to Strategic Capital Investment Limited for N50 billion
The CBN stated that SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of...
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Corporate Deals: Nigerian companies record deals worth N2.06 trillion in H1 2022
This represents a 5.5% increase compared to the figure recorded during the comparable period in 2021
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MTN talks to buy South Africa’s Telkom said to have stalled
MTN Group Limited’s talks to buy South Africa’s Telkom SA SOC Limited have stalled following a rival proposal from another...
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