Culled—Proshare September 22, 2017/ARM Research Investment Highlights Union Bank of Nigeria (UBN) is looking to raise N49.7 billion via rights issue of 12.1 billion ordinary shares. Investors who had shares in the bank as at Monday, 21st August 2017 will be entitled to buy 5 additional shares for every […]
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Lafarge Africa Announces EGM to Consider Terms of Rights Issue
September 22, 2017/NSE We write sequel to our notice of an Extra-Ordinary Board Meeting scheduled for Tuesday, 26th September 2017 to consider the terms of the Rights Issue. In compliance with Rules 17.17(b) (3) and 17.18 (b), this is to formally notify you that Lafarge Africa Plc’s Closed Period commenced […]
Implications of the Proposed Acquisition of PPC by DANGCEM
Culled—Proshare September 22, 2017/FBNQuest Research Last week Dangote Cement (DangCem) announced that it is in talks with PPC of South Africa regarding a potential acquisition of 100% of PPC’s share capital. Although full details of the offer have not been provided, reports indicate that the offer consists of cash and […]
