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IBETO Cement acquires Century Petroleum
June 4, 2018
Source: The Nation

IBETO Cement acquires Century Petroleum

Nigeria-based IBETO Cement Company Limited acquired US E&P firm, Century Petroleum Corporation. IBETO’s acquisition of 70 percent stake in Century through reverse merger has helped the company bypass the lengthy and complex process of going public. IBETO is expected to be the first Nigerian firm to be listed in the United States Stock Exchange.

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