CCNN and Obu Cement merger moves to final approval stage

Written by Global Cement staff 05 December 2019

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Nigeria: 157 of Cement Company of Northern Nigeria (CCNN)’s 170 accredited shareholders have voted in favour of the company’s planned merger with Obu Cement. The Nation newspaper has reported that the company will submit the result to the Securities and Exchange Commission, which will duly ratify it with the federal High Court, formalising the merger in law.

Last modified on 11 December 2019

Published in Global Cement News

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