Talks to take over Beta Glass, Nigeria’s second best-performing stock this year, by a new majority owner, Helios Investment Partners, has been completed with a deal reached to consummate the transaction at $100 million.
Frigoglass Group, the majority shareholder, closed the deal with the London-based private equity firm, with the understanding that cash settlement will follow latest by next March, Beta Glass announced Tuesday.
It will sell “the entirety of its…
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