A new strategic investor, Eaton Acquisitions Limited, is seeking to acquire 10 per cent equity stake in NEM Insurance Plc, a major stake that will enable the new investor to take up board position at the insurance firm. Eaton Acquisitions Limited has confirmed that it had acquired up to nine per cent equity stake inRead More
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New investor
New investor acquires 2.5% equity in NEM Insurance
A new investor struck a cross deal to acquire 2.46 per cent equity stake in NEM Insurance Plc. A total of 130 million shares of NEM Insurance were transferred in an off-market trade at N4 per share. The deal was consummated through the negotiated cross deal window of the Nigerian Stock Exchange (NSE) on AugustRead More
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