Goddy Egene
The Chairman and Managing Director/Chief Executive Officer, Peace Mass Transit Limited, Dr. Sam Maduka Onyishi, has assured shareholders and other stakeholders of C & I Leasing Plc that the buying into the company by Peace Mass Transit would lead to better return on investments.
Actis LLP (Actis), a private equity investment firm, which invested in C & I Leasing Plc in 2010, has successfully exited its stake in through a trade sale of its loan stock with all the rights to Peace Mass Transit. Upon conversion of the loan stock into equity, Peace Mass Transit would become the single largest shareholder in C & I Leasing Plc.