Otedola Consolidates Stake In FBN Holdings, Acquires 534m More Shares

The battle for control of FBN Holdings Plc came to a head on Thursday after the sitting Chairman of Nigeria’s premier deposit money bank, Mr. Femi Otedola, increased his stockholding acquiring an additional 534,094,407 shares at a price of N30.0 per share, further consolidating his substantial holdings in the institution. Otedola’s continued accumulation of shares...The post Otedola Consolidates Stake In FBN Holdings, Acquires 534m More Shares appeared first on New Telegraph.

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