Milost Plans Conclusion Of Large Nigerian Bank Acquisition

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Yemisi Izuora 

Milost Global Inc., a New York based private equity firm, says that its senior leadership team that is headed by Managing Partner & CEO, Mr Kim Freeman and Senior Partner & Chief Investment Officer Mr Solly S. Asibey have arrived Nigeria to firm up its Investment decisions that will also see conclusion of its bank acquisition deal.

The team which arrived on Sunday is accompanied by Isilo Capital Partners’ team that is led by CEO Tiny Diswai. Both teams will be in Nigeria for the whole week. After leaving Nigeria on Friday 23, they will be headed for East Africa where they will spend another 4 weeks before heading to Southern Africa for 2 weeks, whereas Milost leaders will be back in New York on May 1.

The purpose of the Milost African tour among other things in Nigeria is to meet up with the management of its portfolio companies such as, Primewaterview Holding Nigeria Limited, Femab Properties Limited, Japaul Oil & Maritime Services Plc and the conclusion of other current transactions among those includes the closing of a large Nigerian bank acquisition which was previously announced. 

Milost is very committed to the further advancement of the Nigerian economy with over one third of funds being committed to Nigerian investments. The Milost Teams will be also be meeting with government officials that include the Central Bank of Nigeria, Nigerian Stock Exchange, The Ooni of Ife among others. The teams are hosted by the Ooni of Ife’s elder brother, Prince Adetunji Ogunwusi of Ile-Ife Kingdom, Harold Nzekwe the CEO of Primewaterview Holdings Nigeria Limited, Israel Ovirih, CEO of Banklink Nigeria Limited, and Femi Bello, CEO of Mayo BV Limited.

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