Ardova stocks rally as investors price-in move to acquire Enyo Retail and Supply Limited

Iheanyi Nwachukwu Jan 13, 2021

Stock investors priced-in this positive from Ardova Plc which moved its share price from N19.7 to N20

Ardova Plc(AP), a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (Enyo) have entered discussions relating to AP acquiring Enyo. Enyo is one of the newest and fastest growing retail and supply companies in the downstream sector. Enyo is a technologically driven player and currently operates over 90 stations…

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