Oando’s acquisition put on hold as Court fixes hearing for October

May 24, 2023 Segun Odunewu 0

The acquisition of minority shares by Ocean and Oil Development Partners (OODP) and Oando Plc has been delayed by the Federal High Court, Ikoyi, sitting in Lagos State. Honourable Justice Aneke, presiding over the Scheme of Arrangement for the acquisition, adjourned the hearing to October 10, 2023. Recall that the minority shareholders had petitioned the court to compel either Ocean Read More