Stock offerings
Oando Plc Secures Shareholders' Approval for $5.5 Billion Capital Raise and Restructuring Initiatives
Oando Plc, a leading energy conglomerate, has secured shareholders' approval to raise an additional capital of up to N500 billion ($1.5 billion), equivalent to 10 billion new ordinary shares, as part of its restructuring and financing program. The move aims to strengthen the company's balance sheet