Buyer & Investor / Settlement

Settlement

Funds flow from buyer equity and financing through escrow to seller proceeds, fees and taxes.

Total consideration
₦394M
2 settlements
Held in escrow
₦39M
Across active settlements
Seller proceeds
₦339M
Net of fees and taxes
Fees and taxes
₦16M
Advisers, banks and FIRS
Funds flow — Northbridge Foods Limited
Buyer equity₦86M
Financing proceeds₦58M
↓ into escrow ↓
Escrow / settlement account₦14M
↓ distribution ↓
Seller proceeds₦124M
Adviser and bank fees₦4M
Transaction taxes₦2M
Consideration split
Settlement date2026-12-18
AccountXetus Escrow — First Continental Bank
StatusFunds instructed
Every settlement record drives the funds-flow diagram, the calendar and the audit trail.
RefTransactionConsiderationDepositBuyer equityFinancingEscrowSettlementStatus
SET-01Northbridge Foods Limited₦144M₦22M₦86M₦58M₦14M2026-12-18Due in 71 daysFunds instructed
SET-02Confidential Healthcare operator₦250M₦38M₦150M₦100M₦25M2026-12-22Due in 75 daysPending