SEC okays CCNN merger with Kalambaina Cement - Vanguard News Nigeria

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SEC okays CCNN merger with Kalambaina Cement===has been published on Vanguard News Nigeria -

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SEC, NSE, Shareholders Give Final Nod To CCNN/BUA Kalambaina Cement MergerA 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 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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Market Capitalisation Gains N254bn On Dangote Cement, 37 OthersThe Nigerian stock market capitalisation rose by N254 billion on Dangote Cement and 37 other stocks as investors’ sentiments strengthened despite the political uncertainty surrounding the 2019 presidential election. The All- Share- Index (ASI) gained 680.44 absolute points, representing an increase of 2.14 per cent, to close at 32,462.31 points. Similarly, market capitalisation increased by […]
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