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Femi Otedola Sells 77% Stake in Geregu Power in $750m Deal

Femi Otedola Sells 77% Stake in Geregu Power in $750m Deal

Billionaire investor Femi Otedola has divested a 77 percent indirect stake in Geregu Power Plc in a transaction valued at approximately US$750 million, marking one of the largest private power sector divestments in Nigeria’s history.