Sun International on verge of shedding Nigerian asset
Gaming and hospitality group says it has received a number of offers for TCN stake
Sun International said on Monday it would proceed with a plan to sell its investment in Nigeria.
The gaming and hospitality group wants to exit Nigeria amid a shareholder dispute in Tourist Company of Nigeria (TCN), in which Sun International bought a 49% interest in 2006. TCN owns and operates the five-star Federal Palace Hotel in Lagos...