Heirs Energies acquires 20% stake in Seplat Energy for $500m
The deal was conducted at a price of GBP3.05 pence per share, valuing the transaction at approximately US$500 million.
31 Dec 18:39 · The Eagle Online
Elumelu's Heirs Energies Buys $500m Stake in Seplat Energy from French Firm
Heirs Energies has acquired the full 20.07% equity stake previously owned by French oil company Maurel & Prom S.A. in Seplat Energy Plc, in a deal worth $500 million
31 Dec 20:50 · Legit
Elumelu’s Heirs Energies acquires 20.07% stake in Seplat in $500 million transaction
Tony Elumelu, chairman of Heirs Energies, said, "This acquisition reflects our strong belief in Africa’s ability to own, develop, and responsibly manage its strategic resources.
31 Dec 10:08 · Premium Times
Breaking: Heirs Energies in $500m transaction acquires 20.07% stake in Seplat Energy
Heirs Energies has acquired the entire 20.07 percent equity stake (120.4 million ordinary shares) previously held by Maurel & Prom S.A. in Seplat
31 Dec 11:58 · The Eagle Online
last updated on 31 Dec 22:47