American Equity Firm Places N3 billion On Standby For Resort Savings
Milost Global Inc-an American private equity firm, has appointed a Nigerian escrow agent and placed funds in escrow account to back up its investment in Resort Savings & Loans Plc. Milost had indicated it plans to invest $250 million, about N76.5 billion, on Resort Savings & Loans. Milost, combining its traditional equity and debt approach, will be staking $100 million …
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