Finance & Escrow / Settlements

Settlements

Settlement statements, fee allocation and net proceeds for closing transactions.

This month
₦2.1B
Settled
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In statement
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Awaiting approval
2
Northbridge Foods · settlement statement
LineAmount (₦M)Party
Purchase price1080Buyer
Deposit already held−108Escrow
Acquisition financing−620Bank
Transaction taxes32FIRS
Adviser success fee42Meridian
Legal fees18Aldridge
Broker commission26Adviser
Escrow charges4Sterling
Net seller proceeds280Northbridge Holdings
Waterfall
Approvals
  1. Prepared by escrowOK
  2. Reviewed by adviserOK
  3. Signed by sellerPending
  4. Signed by buyerPending
  5. Executed—