NASCON Allied Industries Plc, the salt-making arm of the conglomerate Dangote Industries Limited, will contemplate a business combination with two other food companies in the group during a meeting of its directors’ board later this month.
The planned merger is coming some 31 months after the group’s fiercest rival, BUA Group, announced a similar move consolidating its food businesses – rice, sugar, flour, edible oils and flour – into a new company known as BUA Foods.
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