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BRIEF-Insurance Resourcery Consultancy Services Ltd concludes acquisition of 75% equity stake in Great Nigeria Insurance Plc
October 7, 2016 / 3:32 PM / in 10 months

BRIEF-Insurance Resourcery Consultancy Services Ltd concludes acquisition of 75% equity stake in Great Nigeria Insurance Plc

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Oct 7 (Reuters) - Great Nigeria Insurance Plc :

* Says on Sept. 21, 2.87 billion units representing 75% equity shareholding of Great Nigeria Insurance were crossed to Insurance Resourcery Consultancy Services Ltd

* 2.87 billion units of Great Nigeria Insurance were crossed to Insurance Resourcery Consultancy Services Ltd by Wema Asset Management Ltd

* Says this cross deal marks the closure of the acquisition process that started in 2011 Source: bit.ly/2dyiMzr Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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