Tony Elumelu’s Heirs Energies Pays $500m To Acquire Majority Stake In Seplat
Heirs Energies Limited, an oil company owned by Tony Elumelu, the chairman of United Bank for Africa (UBA), has acquired a substantial stake of 20.07 percent held by Maurel & Prom S.A. in Seplat Energy Plc for $500 million. The stake, announced on

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