Tag: UAC of Nigeria

S’African firm to acquire 49% stake in MDS

UAC of Nigerian Plc has announced a strategic partnership with Imperial Logistics, an arm of South African-based Imperial Holdings Limited. The agreement, signed by both companies, shows that Imperial Logistics is to acquire 49 per cent equity in MDS Logistics Plc, a wholly-owned subsidiary of UAC. A statement by UAC […]

NSE Lists 800m Shares of Livestock Feeds

A total of 800 million shares were added to the outstanding shares of Livestock Feeds Plc following a successful placing that made UAC of Nigeria Plc a majority shareholder in the company. The shares were listed by the Nigerian Stock Exchange (NSE) last week. UAC of Nigeria recently said it […]

UACN to acquire majority stake in Portland Paints

UAC of Nigeria Plc, a leading diversified conglomerate in Nigeria, has announced plans to acquire majority equity stakeholding in Portland Paints and Products Plc. The company has thus signed a Memorandum of Understanding with Portland Paints, which is a leading player in the paints manufacturing and sanitary wares sales in […]