Nigeria's Oando delays deal for ConocoPhillips' assets

Mon Dec 2, 2013 12:11pm EST
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LAGOS Dec 2 (Reuters) - Nigeria's Oando said on Monday that it has delayed the completion of its $1.79 billion deal to buy Conocophillips' Nigerian assets by two months to January.

Oando has been aggressively seeking equity and bank loan funding to secure funds for the deal's completion.