Airtel Africa has announced that its subsidiary, Airtel Networks Ltd., (Airtel Nigeria) has initiated a process to buy back 8.27 per cent minority shareholdings at N55.81 per share.
The total consideration was estimated to be N61.24 billion (using an exchange rate of N413.38) assuming all minority shareholders decide to tender their shares.
The Group Company Secretary, Mr. Simon O’Hara, disclosed in a statement made available on Monday in Lagos.
The statement noted that: “This represents an open offer to all shareholders.
“A further announcement will be made in due course.
Airtel Africa is a leading provider of telecommunications and mobile money services, with presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
It offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services, both nationally and internationally.
The group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.
Former President Olusegun Obasanjo and his daughter, Senator Iyabo Obasanjo, sparked laughter at a public…
The Imo State Independent Electoral Commission (ISIEC) has postponed the November 7 local government election…
Brighton inflicted a second straight Premier League defeat on Manchester City with a 1-0 win…
The Bauchi State Police Command has arrested five suspects, including a 15-year-old boy, over the…
The Christian Association of Nigeria (CAN) has raised concerns over the reported conviction and imprisonment…
A United States federal court has rejected a request by Aaron Greenspan seeking permission to…
This website uses cookies.