The manufacturer of personal healthcare products said the sale will reduce its exposure to naira fluctuations.In a statement on Thursday, PZCN said it will provide more information on the planned divestment once additional details are made available.
As of May 31, PZ Cussons holds a 73.27 percent stake in the Nigerian subsidiary, which represents 2.90 billion shares, worth N45.53 billion as of September 18.Wale Edun: Nigeria’s foreign reserves recorded $2.35bn net inflow in seven months
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più: