Nigeria flour maker to recommend Olam’s 130b naira acquisition offer to shareholders

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AGRI and food giant Olam International said on Monday morning that the board of Nigerian flour and pasta manufacturer Dangote Flour Mills (DFM) has considered the binding offer for Olam to fully acquire DFM for 130 billion naira (S$491.09 million). Read more at The Business Times.

AGRI and food giant Olam International said on Monday morning that the board of Nigerian flour and pasta manufacturer Dangote Flour Mills has considered the binding offer for Olam to fully acquire DFM for 130 billion naira .

DFM’s board will recommend the offer to its shareholders for consideration, subject to obtaining regulatory approvals.for the proposed acquisition, which would include DFM’s five flour and pasta manufacturing facilities and its logistics capabilities, including access to the ports of Apapa and Calabar.Shares of Olam International closed flat at S$1.98 on Friday.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Stocks to watch: Olam, ComfortGelGro, Mapletree Commercial Trust, UIC, FCT, AA ReitTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
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