Trendsmill
- Banking
- Femi Otedola
- August 30, 2026
Otedola’s N273.6bn First HoldCo Buying Spree Puts 30% Threshold in Sight
Billionaire businessman Femi Otedola has raised his stake in First HoldCo Plc to 27.70 per cent after spending N273.59bn on a series of share purchases, bringing him closer to the 30 per cent threshold that triggers a mandatory takeover offer under Nigeria’s capital market rules.
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