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Femi Otedola’s Bid to Acquire Transcorp Rejected, Alleges Disputes with Chairman Tony Elumelu

Billionaire businessman Femi Otedola recently disclosed that his offer to purchase Nigerian conglomerate Transnational Corporation Plc (Transcorp) for N250 billion had been rejected. Otedola made these revelations in a statement to TheCable, outlining his reasons for acquiring and subsequently selling shares in Transcorp. His statements also shed light on alleged…