Tower Alloys Industries acquires 67.55% stake in Aluminium Extrusion Industries Plc

Tower Alloys Industries Limited acquired 148,586,921 shares of Aluminium Extrusion Industries Plc, representing 67.55% of the issued share capital, becoming the majority shareholder. No financial details were disclosed.

“Tower Alloys Industries Limited has acquired the shares previously held by Tower Aluminum Nigeria Plc in the Company and thus has become the beneficial owner of 148,586,381 shares of the Company.”nairametrics.com

• 1 source
• nairametrics.comTower Alloys Industries acquires 66.75% stake in Aluminium Extrusion Industries Plc - NairametricsChris UgwuNov 2, 2023

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