L
LequteMan
Guest
Management of the Nigerian Breweries according to Vanguard has announced that the company has merged with Consolidated Breweries on the last day of the year 2014. The name of the merged company is Nigerian Breweries Plc and will remain quoted on the NSE.
Excerpt:
The management of Nigerian Breweries Plc has confirmed that its merger with Consolidated Breweries Plc has now been finalized with effect from December 31, 2014.
According to a company statement signed by the Managing Director/CEO of Nigerian Breweries Mr. Nicolaas Vervelde “This follows the receipt of approval of the Securities and Exchange Commission (SEC) and the sanction by the Federal High Court. Nigerian Breweries Plc has formally informed The Nigerian Stock Exchange of conclusion of merger process as required by the listing regulations”
Mr. Vervelde also indicated that the name of the enlarged company arising from the merger will be ‘Nigerian Breweries Plc’ and the company will remain quoted on the Nigerian stock exchange.
click here to read more
#NigerianBreweries #NB #ConsolidatedBreweries.
Excerpt:
The management of Nigerian Breweries Plc has confirmed that its merger with Consolidated Breweries Plc has now been finalized with effect from December 31, 2014.
According to a company statement signed by the Managing Director/CEO of Nigerian Breweries Mr. Nicolaas Vervelde “This follows the receipt of approval of the Securities and Exchange Commission (SEC) and the sanction by the Federal High Court. Nigerian Breweries Plc has formally informed The Nigerian Stock Exchange of conclusion of merger process as required by the listing regulations”
Mr. Vervelde also indicated that the name of the enlarged company arising from the merger will be ‘Nigerian Breweries Plc’ and the company will remain quoted on the Nigerian stock exchange.
click here to read more
#NigerianBreweries #NB #ConsolidatedBreweries.
