Oando Completes $783m Acquisition Of Agip Oil Company …C0NTINUE READING HERE >>>
Oando Plc said it has completed the acquisition of 100 per cent shareholding interest in the Nigerian Agip Oil Company (NAOC) from Eni, for a total consideration of $783 million, including consideration for the asset and reimbursement.
Oando stated this in a statement signed by its chief compliance officer and company secretary, Ayotola Jagun, which was released on the Nigerian Exchange (NGX) Limited on Thursday.
It stated that the acquisition was a significant milestone in Oando’s…
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