CCNN and Obu Cement sign merger agreement

Cement Company of Northern Nigeria (CCNN) and Obu Cement Company have signed a merger agreement. The combined entity will be named Obu Cement, and CCNN will be delisted.

“the board of Cement Company of Northern Nigeria (CCNN) said it is exploring a merger agreement with Obu Cement Company Plc.”ripplesnigeria.com

• 1 source
• ripplesnigeria.comCCNN, Obu Cement sign merger agreement in a bid to challenge Dangote Cement for market leadership - Ripples NigeriaAdekola ShobiyeOct 30, 2019

Summarized from public sources; check the original articles before acting on it.