Merger: NB Plc Announces Details of Court Ordered Meeting
The Board of Nigerian Breweries Plc has announced the receipt of approval from the Federal High Court to hold a Court Ordered Meeting of shareholders of the company to consider its proposed merger with Consolidated Breweries Plc. In a statement signed by Nico Vervelde, Managing Director/CEO, Nigerian Breweries Plc, the company disclosed that “the Court […]
Shareholders commend NB on 2013 performance approve record dividend payout
Shareholders of Nigerian Breweries Plc have commended the company for the impressive 2013 financial result. At the 68th Annual General Meeting held on Wednesday May 14, 2014, at the Muson centre, Lagos, the shareholders hailed the company for achieving 13 per cent increase in profit after tax as well as the dividend payment of 4.50 […]
NB plc and Consolidated Breweries Ltd Agree To Explore Merger Opportunity
The Board of Directors of Nigerian Breweries Plc and the Board of Directors of Consolidated Breweries Ltd have agreed to explore a combination of the two businesses by way of a Scheme of Merger subject to regulatory approvals. In a joint statement, both companies confirmed that a Pre-Merger application has been filed with the Securities […]