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Nairaland Forum / Nairaland / General / Business / Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix (17545 Views)
Funke Opeke & Judith Gardiner Confirm Mainone's Takeover By Equinix / Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix / Paddy Adenuga: "I Nearly Acquired Chevron Netherlands At 29" (2) (3) (4)
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Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Nobody: 2:29pm On Dec 07, 2021 |
Smart move by Mrs Funke.......Nigeria is a volatile environment. Smart folks would cash out when it's early. |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by LaconicINC: 2:37pm On Dec 07, 2021 |
my thought exactly when I saw the headline, maybe they are having financial difficulty, hence they are selling that low, Buhari has changed the economic atmosphere negatively you know. aku626: |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by BigBashiru: 2:38pm On Dec 07, 2021 |
seunmsg: You talk like an illiterate. The company has been SOLD for $320m in cash as the news stated. This means no more returns to the original owners.....This means that ownership has changed hands.... and this means US grip on Nigeria has strengthened.... 6 Likes |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Newton85: 2:41pm On Dec 07, 2021 |
GenAbacha:Lol, why are all you Nairaland analysts lecturing Funke Opeke on what her company should have done? Why not create your own company like Mainone? Or your solutions and ideas only end up on Nairaland? 3 Likes |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Akabuking: 2:45pm On Dec 07, 2021 |
CSTRR:nothing like future here, this is not a Chinese loan. would you rather love the business to die out with thousands of people been laid off?? look, biz is about buying and selling. |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Akabuking: 2:46pm On Dec 07, 2021 |
Zooposki:Black and proud |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by olas24u(f): 2:47pm On Dec 07, 2021 |
seunmsg: stop all these foreign direct investment nonsense,it has always been 419 ,home grown businesses are important, the government should have paid the woman that money or support her 2 Likes |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by seunmsg(m): 2:50pm On Dec 07, 2021 |
BigBashiru: There is nothing in the news to suggest that the sales was 100%. As at today, we don't know the exact stake that was sold to the US company. However, the news mentioned something about partnership and the fact that Funke Opeke and her management team will continue in their roles after the acquisition is completed. That should suggest to you that the old shareholders are still keeping a certain stake in the company. Learn not to quickly jump into conclusion when you don't have the full information. 2 Likes |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by seunmsg(m): 2:52pm On Dec 07, 2021 |
olas24u: So that corrupt politicians would take over the company and ruin it in less than 5 years, right? 1 Like |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by BigBashiru: 3:00pm On Dec 07, 2021 |
seunmsg: "is set to be acquired for $320 million by American multinational Equinix Inc., the US company said in a statement Tuesday." An acquisition is when one company purchases most or all of another company's shares to gain control of that company. [Source: https://www.investopedia.com/terms/a/acquisition.asp] Maybe 80% of the company has been sold.....still a loss since control has now gone to the US. |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by seunmsg(m): 3:03pm On Dec 07, 2021 |
BigBashiru: It was clearly stated in the report that Funke and her team will remain in charge of the company. Read and understand before speculating wrongly. Under the terms of the agreement, the management team, including CEO Funke Opeke, will continue to serve in their respective roles. 2 Likes |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Putindbutt: 3:04pm On Dec 07, 2021 |
CSTRR:It's not an outright sale, it's partnership. The terms of agreement would have been spelt out. 1 Like |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Putindbutt: 3:10pm On Dec 07, 2021 |
BigBashiru:It's partnership. "Under the terms of the agreement, the management team, including CEO Funke Opeke, will continue to serve in their respective roles. “The MainOne team is excited about the partnership created through the acquisition,” Opeke said in the statement. “With similar values and culture to what we have built in 12 years, Equinix is the preferred partner for our growth journey and will accelerate our long-term vision to grow digital infrastructure investments across Africa.” |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by BigBashiru: 3:14pm On Dec 07, 2021 |
seunmsg: serving as CEO does not mean the majority stake in the company has not been sold.... CEO is an operational role - CEOs are appointed by the Board and the Board is set by US shareholders now. The other text about values is good but still the majority stake of the company has been sold thats a fact! 3 Likes |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by GenAbacha(m): 3:17pm On Dec 07, 2021 |
BigBashiru: Oh well. Deed has been done. Lessons will be learned. |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Czario: 3:23pm On Dec 07, 2021 |
CSTRR: It called neo colonialism. The network will be used by the Nwo globalist to monitor and control Africa. Cheap you can't buy such a company in Europe for such a paltry sum. |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by olas24u(f): 3:25pm On Dec 07, 2021 |
seunmsg: its a strategic asset and important in nation building ,just like how china is supporting huwaei ,simple9 |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by seunmsg(m): 3:27pm On Dec 07, 2021 |
BigBashiru: There is nothing to suggest what you are speculating. It is a strategic partnership that involves acquisition of shares no doubt but the extent of the company's shares that was sold to the US firm is unknown. For now, what we are sure of is that Funke Opeke and her management team will remain in charge of the company. The composition of the company's board of directors is unknown to me and you because the report was silent about it. 1 Like |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by angelfallz(m): 3:27pm On Dec 07, 2021 |
God bless you!!! It is a real shame. Some countries would not have allowed such a sale to go through. "With MainOne in the hands of the foreign investors, it is all complete: Nigeria has zero representation in the core infrastructure of its digital future." https://www.facebook.com/100047989968078/posts/398465715096424/ Zooposki: 1 Like |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by michresakidjo(m): 3:29pm On Dec 07, 2021 |
wman: Oau alumna?? |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by angelfallz(m): 3:30pm On Dec 07, 2021 |
it is unfortunate that you don't understand what is going on The future is digital and a private Nigeria company is selling its infrastructure to foreigners and you don't see anything wrong with it? It is you and your types that are one of the problems of Africa Terrier99: |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by Goke7: 3:31pm On Dec 07, 2021 |
olas24u: best comment so far. This will never be allowed to happen in any serious country, 1 Like |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by angelfallz(m): 3:32pm On Dec 07, 2021 |
God bless you. But instead of merging why not collaboration? Nigeria and Africa needs to stand on its own feet and not rely on foreigners. Unfortunately some nonentities on the first page don't understand this. Kingzy4pep: |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by angelfallz(m): 3:33pm On Dec 07, 2021 |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by angelfallz(m): 3:35pm On Dec 07, 2021 |
Nigeria's govt should have stepped in If it was an American company or Chinese company that is so important to the digital future of America and China, do you think America or China would have allowed such a sale? NEVER!!! GenAbacha: |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by angelfallz(m): 3:36pm On Dec 07, 2021 |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by CaptMarvel(m): 3:36pm On Dec 07, 2021 |
That's about #155billion Wow..cool money m |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by olas24u(f): 3:41pm On Dec 07, 2021 |
seunmsg: There are companies that are national pride to some countries even though they are privately owned,they carry your national flag an could be deployed or integrated at any time of national needs .Huawei (china) samsung (korea) india ,them yapa infosys, TATA, Sweden Eriksson etc,just recently china refused to allow the sales of its taxi business like uber becase they have the datas of people and full information of were they visit each time they order . |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by shizzy7(f): 3:46pm On Dec 07, 2021 |
Putindbutt:It is an outright sale. The Ceo is now an employee of Equinix at least for continuity in business operations. 1 Like |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by abu12: 3:59pm On Dec 07, 2021 |
olas24u: Under the terms of the agreement, the management team, including CEO Funke Opeke, will continue to serve in their respective roles. you don't have knowledge of their complete terms and conditions of the deal, so stop assumptions |
Re: Funke Opeke’s Mainone To Be Acquired For $320mn By US Giant Equinix by olas24u(f): 4:05pm On Dec 07, 2021 |
abu12: its now controlled from outside and all the data and available information that affects national security will be in foreign hands. |
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