Nigeria

A 21 billion Dollar Project to acquire the controlling stake in a large regional Telecom operator in Africa

A large project for the acquisition of 51% of the said large operator,  it involved assessment and evaluation of the assets of both entities with the aim of determining the value of the African operator and having those  assets of the entity as part of the consideration in addition to a considerable monetary amount. This assessment consisted of due diligence exercises on the assets of both entities across Asia and Africa, licenses and the Listing Rules Thereof. The Transaction was abandoned due to stock exchange rules of Compulsory Public Offer and other national policies on the part of the African operator.