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News CCNN receives regulatory and legal clearance for merger with Kalambaina Cement

CCNN receives regulatory and legal clearance for merger with Kalambaina Cement

Written by Global Cement staff 02 January 2019
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Nigeria: The Cement Company of Northern Nigeria (CCNN) says it has received formal approval from the Securities Exchange Commission and the Federal High Court for its merger with Kalambaina Cement. It added that the scheme of the merger was effective from 24 December 2018. New CCNN shares have been issued to and allotted to Kalambaina Cement’s shareholders at an agreed ratio.

Last modified on 02 January 2019
Published in Global Cement News
Tagged under
  • Nigeria
  • CCNN
  • Cement Company of Northern Nigeria
  • Kalambaina Cement
  • Merger
  • approval
  • Legal
  • Securities and Exchange Commission
  • GCW385
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