Track offers, counteroffers, transaction terms, approvals and decision deadlines.
| Buyer | Current | Previous | Move | Financing | Open | Deadline | Risk | Prob. | Adviser | Status | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Highland Partners Northbridge Foods Limited | ₦2.60B | ₦2.35B | 16 Sep | Active | |||||||
| Meridian Capital Holdings Northbridge Foods Limited | ₦2.68B | ₦2.40B | 18 Sep | Counter sent | |||||||
| Westbridge Consumer Group ApexCare Diagnostics | ₦1.78B | ₦1.62B | 20 Sep | Awaiting buyer | |||||||
| Apex Growth Partners Meridian Packaging Industries | ₦2.24B | ₦2.05B | 22 Sep | Internal approval |
| Term | Original | Current | Target | |
|---|---|---|---|---|
| Purchase price | ₦2.20B | ₦2.60B | ₦2.85B | Needs review |
| Deposit | 10% | 15% | 20% | Close |
| Financing | Indicative | Committed 78% | Fully committed | Needs review |
| Earn-out | 15% / 3yr | 10% / 2yr | 5% / 1yr | Close |
| Retention | 24m | 18m | 12m | Needs review |
| Exclusivity | 90d | 60 days | 45d | Material gap |
| Warranties | Broad | Standard | Standard | Aligned |
| Indemnities | Uncapped | 30% of price | 20% of price | Needs review |
| Working capital | Peg TBC | Peg at LTM avg | Peg at LTM avg | Agreed |
| Debt treatment | Assumed | Repaid at closing | Repaid at closing | Agreed |