Creditor banks to take over Etisalat in 3 days as restructuring talks sour

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Two weeks after roundly rejecting an offer of five per cent equity in Etisalat Nigeria in lieu of a $1.2 billion trade credit, creditor banks will now takeover the telecommunication firm three days from now, Friday, June 23.

Etisalat Group, the parent company of Etisalat Nigeria, announced the…

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