[New post] New investor to buy out 61% of shares in oil company Eterna

Ronald Adamolekun posted: "A new majority shareholder is on course for a buyout of more than three-fifths of the shares of Eterna Plc, after entering a pact with seven substantial shareholders in the oil marketer to acquire their combined stakes, the company said Wednesday. Lenu" New post on Premium Times Nigeria New investor to buy out 61% of shares in oil company Eterna by Ronald Adamolekun Eterna, which reported N38 billion in revenue and a bottom-line of N310.6 million at midyear, wants sales to reach N53.8 billion and profit N303.8 million this quarter. Read more of this post Ronald Adamolekun | August 25, 2021 at 12:42 pm | Tags: Cardinalstone Partners, e Securities and Exchange Commission (SEC), GASL Nominee Limited, Global Energy & Raw Materials Limited, GTI Capital Limited, Lenux Integrated Resources Limited, Meristem Wealth Management Limited, Radix Capital Partners Limited | URL: https://wp.me/p2LdGt-21a0 Comment    See all comments Unsubscribe to no longer receive posts from Premium Times Nigeria. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.premiumtimesng.com/business/481120-new-investor-to-buy-out-61-of-shares-in-oil-company-eterna.html