Dangote to buy a stake in Arsenal | Welcome to Linda Ikeji's Blog

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Monday 24 May 2010

Dangote to buy a stake in Arsenal
























 Nigerian Billionaire, Aliko Dangote, is said to be in talks to buy 16 percent stake in Premier League club, Arsenal. A stake being sold by Lady Nina Bracewell-Smith, the club's fourth-largest shareholder. Bracewell-Smith's stake is currently worth 96 million pounds, but she is seeking up to 160 million pounds for the shares.






















Dangote is understood to have registered his interest in buying the holding with Blackstone, the American finance house that has been given the job of finding a buyer for the shares.
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