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11 Plc to buy 51% stake in Capital Hotels Plc

11 Plc (formerly Mobil Oil Nigeria Plc) is to purchase 51percent stake in Capital Hotels Plc (owners of Sheraton Abuja Hotel) at a premium price of N7 per share. This was agreed at the Emergency Meeting of the Board of Directors of Capital Hotels Plc held on June 14, 2021, according to a statement at…

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