Tuesday, 24 December 2013

Oando raises N30.7bn for Conoco Phillips assets

By ADEWALE SANYAOLU Oando Plc. has announced that it has successfully raised N30.7 billion in capital through a special placement exercise to help it acquire the assets of ConocoPhillips. The energy firm explained that N19.3 billion of the funds raised would be alloted to reducing the outstanding balance of Oando’s ongoing $1.6 billion acquisition of […]



from Africa Punch http://africapunch.com/oando-raises-n30-7bn-for-conoco-phillips-assets/

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