Business
BREAKING: Flour Mills, Honeywell Flour Merge In N80b Dea
Flour Mills of Nigeria (FMN) Plc and Honeywell Flour Mills have agreed to combine their businesses in a merger and acquisition deal valued at N80 billion.
Honeywell Group Limited (HGL), the parent company of Honeywell Flour Mills, and FMN, through its affiliates, are undertaking the business combination.
At a total enterprise value of N80 billion dispose off a 71.69 per cent stake in Honeywell Flours to FMN.
ALSO READ:
These Killings Must Stop, Hon. Adewale Osho Charges Sagamu Youths For Peace
The final equity price per share payable will be determined based on Honeywell Flour’s adjusted net debt and net working capital at the date of completion.
The proposed combination is subject to approval from the appropriate regulators.
The complementary transaction combines FMN’s market-leading offerings that include grain-based foods, sugar, starches, oils, spreads and breakfast cereals with Honeywell Flour’s diverse and differentiated range of carbohydrate products.
Simon Ekpa Arrested In Finland Over Terrorism Activities
Mudashiru Ridwan Foundation Set To Host World Diabetes Day 2024: Empowering Communities For A Healthier Future
Asiwaju Bola Oluwole Dismisses Allegations Of Election Fund Misappropriation, Calls Claims Baseless
How To Apply For PDP Membership E-Registration And All What You Should Know.
Senator Gbenga Daniel: The Face Of Performance At The 10th Senate In Year 2023 — The Journey So Far
Brief Biography Of Aare Adetola Emmanuelking Chairman/CEO, Adron Homes & Properties Ltd That You Need To Know
Watch Video Of How Passengers Was Assaulted By Police For Allegedly Refusing To Comply To Withdraw Illegal Money For Them
Watch Full Video; Reno Omokri Publicly Apologizing To Peter Obi
The tremendous importance of owning a perfect piece of clothing
Zaylee
February 9, 2022 at 2:25 pm
Does anyone know what happened to Dimepiece LA celebrity streetwear brand? I am unable to proceed to the checkout on Dimepiecela site. I have read in Harpers Bazaar that they were bought out by a UK-based hedge fund for $50 m. I’ve just bought the LA OG Crewneck Sweatshirt from Ebay and absolutely love it xox
CBD Oil Vs. Tinctures: What’S The Difference?
February 12, 2022 at 8:49 am
Do you think these can help me with depression:: CBD Capsules Multivitamin Formula by JUSTCBD and Delta 8 Cartridges 6 Pack Space Walker by JUST DELTA. No shop seems to have them in stock. Thanks! xx
760 Vapor
February 24, 2022 at 9:53 pm
Has anyone ever been to District Vape Vapor Store located in 1678 Stonegate Drive?