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Motilal Oswal AMC proposes merger of two schemes: What should you do?

Shareholders give final approval to CAP-Portland Paints merger deal

ON THE GO Taofeeq Arapaja, Makinde’s candidate, emerges PDP south-west chairman Taofeeq Arapaja, a former deputy governor of Oyo state, has emerged as the south-west chairman of the Peoples Democratic Party (PDP).Advertisement The south-west congress of the party held at Osogbo,. Countries depending on China’s COVID vaccines ‘may experience increased infection rates’ Scientists say countries that rely on COVID-19 vaccines from China run the risk of experiencing renewed waves of infections.Advertisement The China-made vaccines are said to be cheaper and easy to. BoI posted 78% assets jump to N1.86trn in 2020 The Bank of Industry (BoI) printed a 78 percent increase in assets to N1.86 trillion in full-year 2020 from N1.04 trillion in same period in 2019.Advertisement The bank said the.

Portland Paints gets court approval to merge with CAP Plc

Portland Paints and Products Nigeria Plc on Tuesday announced plans to transfer all its rights liabilities and business undertakings, including real property and intellectual property to Chemical Allied Products (CAP) Plc. This followed the approval of the proposed merger plan between CAP Plc and Portland Paints Plc by the Federal High Court, Lagos. In a statement sent to Nigeria Stocks Exchange on Tuesday, Portland paints said upon approval by the shareholders at the court-ordered meeting on February 18, the subjoined resolutions of the merger agreement would be effected. In the arrangement, all employees and undertakings rights, powers, and duties of a personal character, which could not generally be assigned or performed vicariously will be transferred to CAP Plc.

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