Founders Connect
Region: NG
Friday 06 November 2026 21:03:28 GMT
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kehinde :
Lmao Femi otedola just did with first bank 😂😂
2026-11-06 23:26:53
36
justinokoye :
And by the way, you don’t need to own 51% of the shares. You just need enough to be able to call a board meeting and ask for a vote. I think it’s around 10% shares or so. Different countries have different rules anyway. But once you can call a board meeting and get majority votes you can vote out a ceo and even get yourself elected as the substantive ceo. The idea is to figure out who the major shareholders are who can give you that 51% vote and get them to side with you before the voting happens.
2026-11-07 08:03:13
1
LuckyLucciano92 :
hostile takeovers work oh. if you study the period in the early 2000's when Dangote and otedola were at odds, Dangote tanked a few businesses linked to otedola and dumping the stocks. did the same thing to BUA too. it is paramount in the banking sector today.
2026-11-07 08:37:08
0
oluwatosin :
dangote wanted to do it with lafarage ooo. that rumor that time was crazy
2026-11-07 08:02:38
1
Kindle :
Do you know how Hostile takeover works 😂😂? you don't need to buy all the shares 😂😂😂, You just need the other investors to agree with you
2026-11-06 23:00:00
16
Vbox :
please know ur history.........otedola did it at transcorp on elumelu...........but it was resolved privately
2026-11-07 07:13:09
0
Sbg :
It happened with Femi otedola and first bank
2026-11-06 22:26:28
12
Stanford | Web Dev :
Otedola wanted to do it with UBA
2026-11-07 07:51:59
0
Antonio :
access bank bought up diamond bank
2026-11-06 22:50:36
2
gm_bt :
That’s what happened with twitter
2026-11-07 05:32:43
0
goldengodwin35 :
Access bank did it with diamond bank bro 😒😒😒
2026-11-07 04:18:02
0
Lawyer Emma :
That's a proper perspective about how the market works. The markets in the country are individually concentrated and no one can wake up and take on an entity suo motu.
2026-11-07 07:29:26
1
Dolapo :
Femi otedola did an hostile take over at first bank, Tony elumelu did it with transcorp.
2026-11-07 06:51:09
1
〽️ :
😂 the ones Elumelu for with Transcorp power? otefola did with gerugu shares and first bank nkor? 😆
2026-11-07 05:36:01
1
Perfumeriey :
Access bank founders did it when they left GTB …. Both of them bought more than 50 percent of the bank
2026-11-07 05:59:25
1
Rowdy :
“Give him an offer he cannot refuse “ M. Corloene
2026-11-07 00:38:44
1
Adedamola :
Didn't Otedola do that with transcorp? Also did same with FBN
2026-11-07 06:37:48
1
JFS NAPSTER :
Oh wow, I've not seen Destiny on twitter in a while...
2026-11-06 22:51:08
1
justinokoye :
GTCO / GT Bank can actually buy Dangote Cement if they want to. They don’t necessarily have to be in the same industry. Banks own companies all the time everywhere in the world. They would just control it via a subsidiary. Private Banks are notorious for this. Same goes for Investment Banks. Commercial Banks also do the same but at a smaller scale compared to these other ones.
2026-11-07 07:58:46
2
Emmanuel Amaga :
Yeah
2026-11-06 22:20:11
1
Emmanuel :
Is this not Mr possible
2026-11-07 06:55:20
0
Lee :
Hostile takeovers happen in Nigeria lmaoooo
2026-11-07 06:37:39
0
Cashia :
Podcast mic theory strikes again 😂
2026-11-07 06:05:18
0
randomcolection :
I raise you otedola and elumelu
2026-11-07 06:02:46
0
Habitronix 💻🧭//PC guy :
nigerians are just a different breed
2026-11-07 08:40:45
0
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