Deal Announcement: G. Elias congratulates the Fund for Export Development in Africa (“FEDA”) on acquiring a significant minority equity stake in Geregu Power Plc (“GPP”)
Deal Announcement: G. Elias congratulates the Fund for Export Development in Africa (“FEDA”) on acquiring a significant minority equity stake in Geregu Power Plc (“GPP”)
G. Elias congratulates the Fund for Export Development in Africa (“FEDA”), a Pan-African supranational financial institution, on acquiring a significant minority equity stake in Geregu Power Plc (“GPP”). We are honoured to have advised FEDA on the acquisition.
GPP is the first electricity generation company to be listed on the Main Board of the Nigerian Exchange Limited. The investment by FEDA is its first–ever acquisition in Nigeria. It is also the largest-single acquisition ever made of shares by anyone in GPP since the listing of GPP.
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GPP is the first electricity generation company to be listed on the Main Board of the Nigerian Exchange Limited. The investment by FEDA is its first–ever acquisition in Nigeria. It is also the largest-single acquisition ever made of shares by anyone in GPP since the listing of GPP.
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