Tag: Lekoil Cayman

Corporate Takeovers: Contextualising the Savannah Move on Lekoil, By Tope Ajayi

Tope Ajayi

Business is war! That is the thrust of what people learn in business school, and from the preponderance of available literature on business and strategy. Business owners, boardroom tacticians, and corporate raiders pursue business interests just like battle-tested generals at the war front, who must deploy all the arsenal at their disposal to win. The stories of hostile business takeovers around the world are too numerous to list. There are a number of very famous case studies on hostile takeovers, including those involving Kraft Foods Inc. and Cadbury Plc, InBev…

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Lekoil Nigeria Makes Offer To Acquire Lekoil Cayman’s Shares Days to AGM ​

Ayobami Adedinni

Lekoil Nigeria writes Lekoil Cayman’s shareholders, says its indicative offer to acquire Lekoil Limited shares and potential share exchange, a fresh Lifeline to them   Lekoil Nigeria Limited has written to the shareholders of Lekoil Limited (Lekoil Cayman) with an “indicative offer to acquire Lekoil Limited shares and potential share exchange.” Platforms Africa reports that despite similarity in their names, the two firms are engaged in a face-off, which began with the convening of an Extraordinary General Meeting (EGM) at the instance of Lekoil Cayman Board constituted after Metallon Corporation…

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