Investors have concluded transfer of about 16.75 per cent equity stakes in Nigerian Aviation Handling Company (Nahco) Plc, raising possibility of changes in the shareholding structure of the ground handling company.
Three deals were struck to complete major transfers that started with a cross deal on Thursday, bringing total transactions through the negotiated window of the Nigerian Stock Exchange (NSE) to 271.848 million shares valued at N1.787 billion in four deals.
All the deals were cross deals and were consummated through the negotiated window of the Exchange. On Friday, a total of 119.92 million shares valued at N875.42 million were swapped at N7.30 per share. Also, a total of 5.62 million shares valued at N33.73 million were also crossed at N6 while another 22.69 million shares worth N136.134 million were exchanged in a deal at N6 per share.
Read more: http://thenationonlineng.net/new-major-investors-acquire-16-75-stake-in-nahco/
