Aradel Holdings acquires controlling 81.67% stake in ND Western Limited

Aradel Holdings Plc acquired an 81.67% controlling stake in ND Western Limited from Petrolin Trading Limited. The transaction required complex corporate restructuring, financing arrangements, tax planning, and regulatory approvals from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Competition and Consumer Protection Commission (FCCPC).

Advisory Team:

SimmonsCooper Partners