[MERGER] Vitafoam And Vono Products Obtain Court Sanction

The merger between Vitafoam Nigeria Plc and Vono Products Plc is getting close to completion as both companies have obtained a court sanction of their scheme of merger effective March 11, 2016. Both companies had last year agreed to a merger, by seeking to combine their business operations to ensure business efficiency. At conclusion of […]

The merger between Vitafoam Nigeria Plc and Vono Products Plc is getting close to completion as both companies have obtained a court sanction of their scheme of merger effective March 11, 2016.

Both companies had last year agreed to a merger, by seeking to combine their business operations to ensure business efficiency.

At conclusion of the merger between both companies, Vono Products will be dissolved and de-listed from the daily official list of the Nigerian Stock Exchange (NSE),

Trading on the shares of Vono Products will be suspended from March 21, 2016.