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Whistle Blowers Nigeria

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Abraaj bankruptcy hits stake in 8 Nigerian companies

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Africa focused Private Equity (P.E) firm Abraaj’s imminent liquidation means its shareholding in eight Nigerian companies are hanging in the balance.   These companies include Indorama Eleme Fertilizers and Mouka Foam Ltd, where it invested an undisclosed amount under its Sub-Saharan Africa fund III in October 2016 and April 2015 respectively.   The others are…

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The post Abraaj bankruptcy hits stake in 8 Nigerian companies appeared first on BusinessDay : News you can trust.

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