Otedola exits Geregu Power in $750m deal, MA’AM emerges controlling shareholder
Billionaire investor, Femi Otedola, has divested his 77 per cent controlling stake in Geregu Power Plc in a $750 million landmark deal.The transaction represents one of the largest private power divestments in Nigeria’s history. The deal, announced via a filing on the Nigerian Exchange Limited (NGX...
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Verified on Dec 30, 2025