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Gas|Power
Gas|Power
gas|power

Oando sells 25% stake in Nigerian gas company to private equity firm Helios

5th April 2019

By: Reuters

  

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Oando has sold its 25% stake in Nigerian gas and power company Axxela to majority investor Helios Investment partners for an undisclosed amount, Axxela said on Thursday.

The private equity firm now owns 100% of Axxela following Oando's divestment, the gas company said.

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Edited by Reuters

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