7-Up’s major shareholders to buy shares held by the minors

• by Derinsola Adebayo
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Shareholders of Seven-Up Bottling Company Plc, on Thursday, approved a plan by the majority shareholder, Affelka SA to acquire the outstanding 26.8 per cent shares held by the minority shareholders. At a court-ordered meeting in Lagos, shareholders approved the scheme of arrangement for the acquisition. With the ongoing acquisition process, Affelka SA will increase its […]