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Tag: stake

Business
Indian firm increases stake in Airtel with £57m share acquisition

Indian firm increases stake in Airtel with £57m share acquisition

November 10, 2023November 20, 2024 AGS

Indian Continent Investment Limited, based in Mauritius, has increased its ownership in Airtel Africa by acquiring £57.25 million worth of shares, according to a corporate notice submitted to the Nigerian Exchange Limited. The transaction, which took place on the London … Continue reading Indian firm increases stake in Airtel with £57m share acquisition

Business
Sterling bank CEO boosts stake with 50 million shares acquisition

Sterling bank CEO boosts stake with 50 million shares acquisition

August 5, 2023August 5, 2023 AGS

Abubakar Suleiman, the CEO of Sterling Bank, recently purchased 50 million shares of Sterling Financial Holdings Company Plc in a transaction valued at N168 million. The disclosure of this acquisition was made in a corporate notice on directors’ dealings, which … Continue reading Sterling bank CEO boosts stake with 50 million shares acquisition

Sports
Michael Jordan to sell majority stake in NBA's Charlotte Hornets

Michael Jordan to sell majority stake in NBA’s Charlotte Hornets

June 17, 2023June 17, 2023 AGS

Basketball icon Michael Jordan has officially reached an agreement to sell his majority stake in the Charlotte Hornets, bringing an end to his 13-year tenure as the team’s owner. Hornets Sports & Entertainment confirmed the sale on June 16, revealing … Continue reading Michael Jordan to sell majority stake in NBA’s Charlotte Hornets

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