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Nigerian Breweries gets shareholders approval for 80% acquisition of Distell Wines & Spirits Nigeria Limited

Shareholders of Nigerian Breweries Plc have approved the acquisition of an 80% stake in Distell Wines & Spirits Nigeria Limited.

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Nigerian Breweries to acquire 80% equity stake in Distell Wines and Spirits Nigeria Limited

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NB seeks shareholders approval for acquisition

According to a notice filed with the Nigerian Exchange Limited, the meeting is scheduled to be held next month in Lagos.

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Nigerian Breweries to Acquire 80% Stake in Maker of Popular Amarula, Chamdor Drinks

Nigerian Breweries is making major moves in the bid for 80% stake in Distell Nigeria, makers of popular Chamdor champagne and Amarula cream liquor.

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NIGERIAN BREWERIES : NOTIFICATION OF ACQUISITION -November 17, 2023 at 10:24 am EST

LAGOS, 17th November 2023 PROPOSED ACQUISITION OF 80% SHAREHOLDING IN DISTELL WINES AND SPIRITS NIGERIA LIMITED AND 100% IMPORT BUSINESS FROM HEINEKEN BEVERAGES .

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