Germany’s Lufthansa Group has sold its 6% stake in Nigerian ground handling firm NAHCO. The Lagos-based company said in a Jan. 7 statement to the Nigerian Stock Exchange that Lufthansa had transferred all its 97.5 million shares, representing a 6% stake, to local firm Godsmart Nigeria Ltd. The value of the deal was not disclosed. Godsmart was already a NAHCO shareholder and this latest transaction increases its stake in the company to 26.95%, making it the largest single ...

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