ACA Divests N19.8bn Stake In Aradel Holdings

Africa Capital Alliance’s (ACA) CAPE IV fund, the largest shareholder in Aradel Holdings, has divested approximately 0.57 per cent of its stake in the newly listed company, resulting in a N19.8 billion transaction. The sale, executed over three days—October 14, 15, and 16—saw CAPE IV offload around 24.717 million shares at an average price of...The post ACA Divests N19.8bn Stake In Aradel Holdings appeared first on New Telegraph.

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