Femi Otedola Spends Over billions to Add Transcorp Plc to His Growing List of Investments
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Femi Otedola Spends Over billions to Add Transcorp Plc to His Growing List of Investments

Nigerian billionaire businessman, Femi Otedola, has Femi Otedola Spends Over N2bn to Add Transcorp Plc to His growing List of Investments.Information Guide Nigeria

LEGIT.NG reports that the business guru has added another feather to his cap of investments with the acquisition of a significant stake in Transcorp Plc.NYSC Portal

He now owns about 2.245 billion shares, representing 5.52per cent of the company making him the single largest shareholder.

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The audited result and accounts for the period ended December 31, 2022, Elumelu, who is the chairman of Transcrop Corporation owned 273,104,041.

LEGIT.NG reportad that he made the purchase through an entity owned by Otedola and the Asset Management Corporation of Nigeria.JAMB Result

 

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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