Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group
(Reuters) - Nigerian billionaire Aliko Dangote on Thursday sold 63 percent of Dangote Flour to South African consumer goods firm Tiger Brands in a deal worth US$188 million, brokers said.
The sale of 3.1 billion shares on the Nigerian Stock Exchange was done at 9.50 naira (US$0.06) per share, after regulators' approval last month.
The deal is Tiger Brands' third and its biggest yet in Nigeria, Africa's
No comments:
Post a Comment