CCNN shareholders approve merger with Obu Cement

Shareholders of Cement Company of Northern Nigeria approved a merger with Obu Cement Plc, expected to increase production capacity to 8 million MTPA, pending SEC and court approval.

“The proposed merger will increase the production capacity of the enlarged company to 8 million MTPA.”nairametrics.com

• 1 source
• nairametrics.comCCNN utilising inorganic growth against Dangote Cement with Obu cement merger approval - NairametricsFakoyejo OlalekanDec 5, 2019

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