Click here to view corporate actionBy InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top brewer, Guinness Nigeria Plc said on Wednesday it has acquired the rights to distribute McDowell’s’, a mainstream spirits brand of United Spirits Limited (USL) in Nigeria. Guinness in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said USL is […]
Tag: Acquisition
Oando to seek shareholders’ vote to raise 250 bln naira
Nigeria’s Oando plans to seek shareholder approval to raise up to 250 billion naira ($1.5 bln) via debt or equity, the energy company said on Tuesday. Oando plans to hold the shareholder meeting on Feb. 18, it said in a statement, adding that 50 billion naira of the amount will […]
Nigeria’s GTBank Acquires 70% Stake in Kenyan Bank
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Guaranty Trust Bank Plc (GTbank) Tuesday announced it has acquired 70 percent (70%) in Fina Bank Limited, Kenya with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the […]
