There are fresh indications as to why Diageo Plc, the parent company of Guinness Nigeria Plc, failed in its bid to increase its share capital in the brewery giant. It may be recalled that Diageo had in mid September 2015 announced its intention to make an offer through its wholly owned subsidiary, Guinness Overseas Limited […]
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Guinness Nigeria Plc would be raising N39.7 billion in new equity funds from shareholders in the book of the company as at the close of business yesterday. More details emerged yesterday as the board of directors of Guinness Nigeria, through its stockbroker, Stanbic IBTC Stockbrokers Limited, filed application for regulatory approval for the supplementary new […]
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Guinness Nigeria Plc has announced its intention to hold an Extraordinary General Meeting of its shareholders to approve resolutions for a rights issue. The EGM had been scheduled for January 24, 2017 in Lagos, the firm said in a statement on Tuesday. Guinness Nigeria, in the statement, said it believed that the rights issue would […]
Read More Guinness Nigeria PLC plans to raise about N40 billion from its shareholders as part of strategic plan to deepen its balance sheet and provide long-term financial support for its business. A notification issued by the company indicates that the Board of Directors of Guinness Nigeria has fixed an Extraordinary General Meeting (EGM) for January 24, […]
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