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Nairaland Forum / Nairaland / General / Business / We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings (22086 Views)
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Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by omowolewa: 8:47am On Oct 23, 2021 |
Kk |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by Nodogragra4me(m): 8:48am On Oct 23, 2021 |
smithoo: How can the news trigger a run? 1 Like |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by GetMeRight: 8:51am On Oct 23, 2021 |
We4all: He only cleared the air surrounding the rumour and I guess you didn't like that. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by iwaeda: 8:53am On Oct 23, 2021 |
adenigga:He could have bought from brokers fronting for him. He will NEVER openly using his name. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by GetMeRight: 8:53am On Oct 23, 2021 |
Ntipia: AMCON is there, no need to panic 1 Like 1 Share |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by omoadeleye(m): 8:54am On Oct 23, 2021 |
DubaiLandLord: They said he acquired MAJORITY shares which means above 51% shares |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by topgear(m): 8:55am On Oct 23, 2021 |
Nodogragra4me: No matter how e broke reach. E no broke reach Dat guy full village peaple money add together times ten |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by Nobody: 8:55am On Oct 23, 2021 |
omoadeleye:Thousands of people have shares in First Bank of Nigeria. Majority can also be less than 51% E fit get 15% make nobody get up to that 15% for the rest of the shareholders. 2 Likes |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by oluwaseyi0: 8:56am On Oct 23, 2021 |
omoadeleye: Not necessarily above half, he may hold 20% while the highest after him holds less than 10 3 Likes |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by Bizibi(m): 8:58am On Oct 23, 2021 |
Dialpad:big one 1 Like |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by sisisioge: 9:08am On Oct 23, 2021 |
Dont beef Femi o....if he wants to acquire the whole lot he can |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by witworth(m): 9:08am On Oct 23, 2021 |
Dem don come again |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by forenzy: 9:08am On Oct 23, 2021 |
He may aquire the shares through an offshore company controlled by him.Some policiIan's might also be using him as a font.. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by Jidegaf(m): 9:08am On Oct 23, 2021 |
Nigeria and many drama. Meanwhile you can invest by buying a flat on lease and generates income by renting |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by etibaba(m): 9:10am On Oct 23, 2021 |
omoadeleye:A majority shareholder should have more than 50% of the shares, the right word for Otedola acquisition should be largest shareholder not majority shareholder. 1 Like |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by We4all: 9:11am On Oct 23, 2021 |
GetMeRight: I don’t like arrogant folks. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by emmykk(m): 9:18am On Oct 23, 2021 |
Dialpad: I don't think he has majority shares as it is claimed |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by Nobody: 9:18am On Oct 23, 2021 |
Wow so it’s possible some articles could come out but it doesn’t mean it’s true interesting |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by etibaba(m): 9:18am On Oct 23, 2021 |
oluwaseyi0:I beg to differ, if you are termed as the Majority share holder then you should have more than half the shares, i think there's a mix up between majority shareholder and largest share holder here. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by Jackossky(m): 9:21am On Oct 23, 2021 |
etibaba: Not really. In business, being a majority share holder means you are the only one with the highest shares. It could be a 1% margin; just as long as you are the highest. You grab? Edited: I am seeing some articles online that says it must be above 50%. Will get back to you on this. Re-edited: You are actually right. I couldn't find a name for someone with the highest shares ( which is less than 50%) 4 Likes |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by jaxxy(m): 9:22am On Oct 23, 2021 |
They didn’t deny or accept it. They are waiting for a notification from regulators which they will get. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by shegz24(m): 9:30am On Oct 23, 2021 |
MarveworldG: I think they said 70% or so. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by shegz24(m): 9:32am On Oct 23, 2021 |
Dialpad: It depends on the number of shareholders and how much each has. He could be the largest share holder by owning 10% while the remaining 90% is shared among about 20 people. So its possible. |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by PoeticMind: 9:33am On Oct 23, 2021 |
omoadeleye: Oga that's not what it means, FBN's tier 1 and tier2 capital has a combined value above N400billion. How exactly does the purported N30 billion worth of shares acquired by Otedola give him 51% shareholding interest? A bank like FBN can have it's majority shareholder with ownership interest of anywhere between 9-15%, which will automatically give the shareholder significant voting rights. Even Otudeko at the height of his powers as FBN's majority shareholder did not maintain up to 15% ownership interest in the bank. Folks should always get their facts right before posting so the public is not misled. Cheers! 3 Likes |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by nairabacks(f): 9:46am On Oct 23, 2021 |
Ntipia: Seriously this is worrisome |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by nosmassam(m): 9:51am On Oct 23, 2021 |
Aboki boy will blame MNK for this soon |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by ppogba: 9:53am On Oct 23, 2021 |
Blackfire: Nothing is impossible in Nigeria. Tony Elumelu acquired UBA with a smaller STB from Bello- Osagie who himself acquired UBA through shady means. Access Bank indebted to Intercontinental bank acquired same Intercontinental bank through shady means. I can go on and on. It is only a neophyte that can say something is impossible in Nigeria. 1 Like |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by baralatie(m): 9:55am On Oct 23, 2021 |
Ok! |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by baralatie(m): 9:55am On Oct 23, 2021 |
ppogba: |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by SavageResponse(m): 9:57am On Oct 23, 2021 |
Maxymilliano: They are correct in saying they are unaware because according to their register of shareholders Femi Otedola does not have majority shareholding. He needs to do the proper documentation with proof before they can recognise him as a major share holder if indeed it is true that he made such a substantial acquisition |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by nokspos: 10:01am On Oct 23, 2021 |
Not 30 Billion naira , i think its 30 billion worth of shares Dialpad: |
Re: We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings by philiancoop(m): 10:05am On Oct 23, 2021 |
When he has disguised in various holding companies and vehicles nko |
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