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Cement Company of Northern Nigeria (CCNN) Plc received pre-merger approvals from the Securities and Exchange Commission and the Nigerian Stock Exchange for its planned merger with Kalambaina Cement Company Limited, a subsidiary of BUA Group, where Kalambaina's assets will be taken over by CCNN in exchange for shares.
“The board of Cement Company of Northern Nigeria (CCNN) Plc has disclosed that approvals have been obtained from the duo of the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) for its planned merger with Kalambaina Cement Company Limited.”businesspost.ng
Summarized from public sources; check the original articles before acting on it.