Again, Femi Otedola increases stake in FBN Holdings, acquires additional shares

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Billionaire businessman Femi Otedola has further solidified his position in FBN Holdings Plc by acquiring an additional 1,228,141 shares at N20.30 per share.

The transactions, conducted on Tuesday, June 25, were disclosed in a notification of share dealing by insiders. This follows his earlier transaction on Monday, June 24, where he increased his equity stake to 11.64%, acquiring an additional 797,946,415 shares at an average price of N21.58 per share. The total value of this transaction was N17.2 billion.

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