Corporate deals
Mergers and Acquisitions, deal making, takeovers
Old Mutual Nigeria sales 100% stake of general insurance and life businesses to Emple Group
Old Mutual Nigeria has announced the sale of 100% of its stake in the General Insurance and Life businesses to...
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CBN increases capital base for mega banks to N500 billion, smaller banks N200 billion
The CBN also stated that all banks are required to meet the minimum capital requirement within 24 months commencing from...
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Access Holdings to raise staggering N365 billion in right issue
Access Holdings, one of Nigeria's leading financial institutions, has announced plans to raise a staggering N365 billion (Three Hundred and...
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Apollo wants to buy Paramount Studios for $11 Billion
Apollo Global Management has made a substantial $11 billion offer to acquire Paramount Global’s studios
Read moreAccess Holdings to acquire National Bank of Kenya Limited
Access Holdings has announced plans to acquire the National Bank of Kenya, in first deal since death of Herbert Wigwe
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Savannah Energy acquires 49% stake in Stubb Creek oil and gas field in Akwa-Ibom
Savannah Energy has finalized agreements valued at $60 million to acquire Sinopec International Petroleum Exploration and Production Corporation (SIPC) 49%...
Read moreOak and Saffron Limited acquires Presco Plc’s owners, SIAT Group
Oak and Saffron Limited, a Nigerian-owned firm, has finalized the acquisition of the majority stake in the Belgian conglomerate SIAT...
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CBN signs MoU with blockchain firm, Gluwa to boost eNaira adoption
The Central Bank of Nigeria (CBN) has signed a Memorandum of Understanding (MoU) with a blockchain firm, Gluwa to drive...
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EnjoyCorp Limited to acquire 86.5% stake in Champion Breweries Plc
EnjoyCorp Limited, a holding company specializing in food, beverage, and hospitality brands, has agreed with Heineken B.V. to acquire 100%...
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Canal+ mandated to extend offer to MultiChoice shareholders
Vivendi SE's Canal+ is obligated to make a mandatory offer for MultiChoice Group after augmenting its shareholding.
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