-
JenneteUgo Anya
- December 13, 2024
Aradel Plans To Acquire 5.14% Equity Stake In Chappal Energies
Aradel Holdings Plc has announced plans to acquire a 5.14 percent equity stake in Chappal Energies Mauritius Limited, marking a strategic move to diversify its portfolio and expand its presence in Africa’s upstream energy sector. This development comes shortly after Aradel’s landmark public listing on the Nigerian Exchange (NGX) at ₦702.69 per share, following over […]
Read More
-
- October 23, 2024
Africa Capital Alliance Sells Off ₦19.8bn Aradel Holdings Shares
Africa Capital Alliance (ACA) has offloaded ₦19.8 billion worth of shares in Aradel Holdings, reducing its stake in the company from 16.49 percent to 15.92 percent. The private equity fund’s CAPE IV, which holds the largest shareholding in Aradel, executed the sale over three days – October 14, 15, and 16 – disposing of approximately […]
Read More