Transaction makes Vivo Africa’s second largest fuels and lubricants retailer Kampala, Uganda | RONALD MUSOKE | Following six months of behind-the-scenes negotiations, Vivo Energy finally announced on March 1 the completion of the takeover of the operations of Engen Holdings Ltd across the continent. The transaction comprises Vivo Energy’s issuance …
Read More »Engen takeover cost $16.8million
By Joan Akello Oryxoil and gas, a subsidiary of Switzerland’s Addax and Oryx Group has bought Engen Uganda Ltd for about US $ 16.8 million according to Deep Earth International. It bought shares from Engen Cape town in Mid November to take over Engen Uganda Ltd as part of its …
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