Helios stake to help Oando reduce debt – BDlive
HELIOS Investment Partners would pay $115.8m for 49% of the voting rights in Nigerian oil and gas group Oando plcs subsidiary Oando Gas and Power (OGP), it said on Monday. The deal will help Oando to bring down debt. At the end of June, the group had total short-and long-term borrowings of 279.7-billion naira ($888.6m)…

