Otedola buys out Otudeko, increases stake in First HoldCo to 36.7%

From Chukwuma Umeorah Femi Otedola, Chairman of First Bank Holding Company (First HoldCo), has acquired a significant additional stake in the group, increasing his ownership to approximately 36.7 per cent. This follows the acquisition of 10.43 billion shares, amounting to about 24.9 per cent of the company’s total outstanding shares, in an off-market transaction executed [...]The post Otedola buys out Otudeko, increases stake in First HoldCo to 36.7% appeared first on The Sun Nigeria.

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