The investing public and the Nigeria Exchange Limited has been notified that BOWS Nigeria Limited, a Shareholder which holds 67.01% of the issued share capital of Courteville Business Solutions Plc, made proposal to buy the 32.99% held by the other shareholders of the Company through a Mandatory Takeover Bid (MTO) to the Securities and Exchange Commission (SEC).
BOWS Nigeria Limited has obtained SEC’s approval to launch the Mandatory Takeover and same is priced at 0.48k per ordinary share net of any applicable tax.
The tender offer will open on the 22nd of February 2023 and close on 22nd March 2023.
