Tag: Scheme of Merger

NSE to Delist Vono, as Court Approves Merger Deal with Vitafoam

By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) will on Monday March 21, 2016 suspend trading on the shares of Vono Products Plc following court approval of the proposed merger with co-manufacturers of foam furniture and furnishings, Vitafoam Nigeria Plc. “Dealing members are hereby notified that Vitafoam Nigeria Plc […]

Merger: NSE Suspends BAGCO shares

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday suspended the trading in shares of Bag Manufacturing Company Plc (BAGCO) following the proposed Scheme of Merger between the Company and Flourmills of Nigeria Plc. This is coming on the heels of a Notice by Stanbic IBTC, Stockbrokers to […]