Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
Tag: Larry Ettah
Famous Brand, South African Firm to Acquire 49% Stake in UACN
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- South African Firm Famous Brands, leading quick service and casual dining restaurant operator in Africa will acquire 49 percent (49%) stake in UAC of Nigeria Plc (UAC). This is contained in a notice by UAC to the Nigerian Stock Exchange (NSE) and made available […]
Famous Brand, South African Firm to Acquire 49% Stake in UACN
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- South African Firm Famous Brands, leading quick service and casual dining restaurant operator in Africa will acquire 49 percent (49%) stake in UAC of Nigeria Plc (UAC). This is contained in a notice by UAC to the Nigerian Stock Exchange (NSE) and made available […]
