IGI (Nigeria) candidate for the acquisition of 60% of NIC

May 14, 2013

With a 6.2 billion shilling (3.6 million USD) bid, the Nigerian company Industrial & General Insurance Co tops the list of the candidates for the takeover of 60% of National Insurance (NIC)'s stakes. The second best offer of 6.1 billion shilling (3.5 million USD) is made by Consortium led by Suhir Ruparelia.


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