Otedola exits Transcorp weeks after acquiring shares – Report
Nigerian billionaire, Femi Otedola, has divested from indigenous conglomerate, Transcorp Corporation Plc, barely weeks after acquiring substantial shareholding. According to a report by Nairametrics, Otedola exited his 6.62 per cent stake in Transcorp after reaching a deal with the chairman of the conglomerate, Tony Elumelu, following negotiations between both parties. The report said that the…