Privatizations

 

The group then comprised thirteen subsidiaries, vast real estate holdings and investments in dozens of other companies all ultimately vested in a parent holding company.

On the “buyers’” side, we advised joint bidders for the Federal Government’s stake in one of the country’s oldest banks, the then winning bidder on the privatization of a leading manufacturer of fertilizers and the largest newsprint manufacturer in West Africa.

This last is to date one of the largest trade sale privatization contracts ever signed. The offer for sale for the hotel-owning company referred to above under ‘Securities’ is a privatization assignment.

We also advised the Federal Government's privatization agency on rewriting the statute and regulations governing the nation's inland waterways with a view to privatizing some of the operations of the inland waterways regulatory authority.


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