Flour Mills gets approval to acquire majority stake in Honeywell - Daily Post Nigeria


4/30/2022 12:00:00 AM3 yearsago
by Daily Post Staff

Flour Mills of Nigeria Plc. (FMN) has obtained regulatory approvals to acquire a 71.69% stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group, and a 5.06% stake in HFMP held by First Bank of Nigeria Limited. The acquisitio…

Flour Mills of Nigeria Plc. (FMN) has obtained regulatory approvals to acquire a 71.69% stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group, and a 5.06% stake i… [+2279 chars]

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