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Investors challenge exit prices proposed for Union Bank, Oando acquisitions – The Sun Nigeria

Investors challenge exit prices proposed for Union Bank, Oando acquisitions – The Sun Nigeria
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South africaPatrick ajuduaMoses igbrudeChinwendu obienyiJohannesburg stock exchangeOando plcTitan trust bankExchange commissionUnion bankDimension shareholders associationOil development partners limitedNigerian exchange limitedUnion bank plcTitan trust bank limitedExtra ordinary general meetingsMinority shareholders

Shareholders reject scheme of arrangement proposed for Union Bank and Oando acquisitions

Minority shareholders of Union Bank and Oando in Nigeria are dissatisfied with the proposed schemes of arrangement to acquire their shares.

Moses igbrudePatrick ajuduaDimension shareholders associationTitan trust bankOando plcUnion bankUnion bank plcOil development partners limitedTitan trust bank limitedExtra ordinary general meetingsBank plcMinority shareholdersTitan trustScheme shareholderSouth african randScheme shareholders

Oando set to improve Lagos mass transit, receives electric buses

The state government is situating the project within a broader plan that will buck up the switch to renewables

South africaNigeria generalFrank leeOando clean energy limitedOil development partners limitedSustainable transport initiativeYutong bus coLagos metropolitan area transport authorityClean energy limitedBus co limitedWale tinubuYutong west africaSub saharan africaOmamofe boyo

The chain of events that led to Oando s decision to delist

Oando will delist from the Nigeria Exchange (NGX) subject to the approval of its shareholders at the company's court-ordered meeting.

South africaAdeola ogunsemiRonke sokefunOlufemi adeyemoMounir gwarzoAlhaji dahiru mangalNana fatima medeHigh courtExchange commission onExchange commissionAnsbury incJohannesburg stock exchangeNational assemblyOil development partners ltdNigerian exchange limitedOando plc

Oando Plc Set To Delist From Nigerian Exchange

Oando Plc has notified Nigerian Exchange and Johannesburg Stock Exchange that it has received an offer from its core shareholder – Ocean and Oil Development Partners Limited – to acquire the shares of all minority shareholders in Oando.

South africaNigerian exchange oando plcMeeting of the companyExchange commissionJohannesburg stock exchangeNigerian exchangeOil development partnersOando plcHigh courtOil development partners limitedAllied matters actScheme shareholderSouth african randScheme shareholdersEffective dateScheme consideration