SEC, NSE, Shareholders Give Final Nod To CCNN/BUA Kalambaina Cement Merger

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A Federal High Court sitting in Lagos has given its final sanctions to the scheme of merger between the Cement Company of Northern Nigeria and BUA Group’s Kalambaina Cement Company. According to a statement by the company, this comes on the back of overwhelming shareholder approval as well as final approvals by the regulators – […]

 

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SEC, NSE, shareholders give final approval to CCNN/BUA Kalambaina Cement merger - Daily Post NigeriaA Federal High Court sitting in Lagos has given its final sanctions to the scheme of Merger between the Cement Company of Northern Nigeria and BUA Group’s
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SEC okays CCNN merger with Kalambaina Cement - Vanguard News NigeriaFollowing the approvals of the shareholders of Cement Company of Northern Nigeria, CCNN Plc, and Kalambaina Cement Company Limited, wholly-owned subsidiary of BUA Cement Limited, at their respective court-ordered meetings and the requisite sanction of the Federal High Court of Nigeria, the Securities and Exchange Commission, SEC, has finally approved the proposed merger of the entities.
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SEC approves merger of Northern Nigeria Cement with Kalambaina - Premium Times NigeriaThe Cement Company of Northern Nigeria Plc says it received a formal approval by the Securities and Exchange Commission (SEC) to proceed for its planned merger with Kalambaina Cement Company Limited of Nigeria.
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CCNN market value hits N254bn – Daily TrustThe market value of the Cement Company of Northern Nigeria (CCNN), having gained 110 per cent at the close of trading on December 31, 2018, increased to N254,983,918,740.40 billion shortly after the merger with BUA Group’s Kalambaina Cement Company Limited was approved by the regulators and 13.1bn shares were listed on the NSE. The company’s …
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BUA Boss, Abdul Samad Rabiu Commemorates Successful CCNN/BUA Kalambaina Merger…Rings closing bell at NSE Chairman, Cement Company of Northern Nigeria, CCNN and founder/CEO of BUA Group, Abdul Samad Rabiu rang the closing gong on the floor of The Nigeria Stock Exchange (NSE) to mark the end of trading yesterday and commemorate the successful completion of the CCNN/Kalambaina Cement Merger and listing of the shares […]
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