The InfoStride Forum

NEWS and REPORTS => Nigerian News => Topic started by: ChannelsTV on Feb 07, 2013, 01:31 PM

Title: Dangote buys majority stake in Savannah Sugar
Post by: ChannelsTV on Feb 07, 2013, 01:31 PM
Dangote Sugar Refinery announced the acquisition of a 95 percent equity stake in Savannah Sugar Company Ltd.

The deal, according to a notice filed with the Nigerian Stock Exchange, was executed through a Share Sale and Purchase Agreement with Dangote Industries Ltd. through the acquisition of N2.14 billion ordinary shares of N1.00 each in Savannah Sugar.

Via: ChannelsTV
Title: Re: Dangote buys majority stake in Savannah Sugar
Post by: Shola Sholaz on Feb 08, 2013, 04:08 AM
Too much money.
I kudos this man big time with this one.
He's accomplished