Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

Unilever uses fuel crisis as excuse to extend tender offer

Nairametrics by Nairametrics
June 9, 2015
in Company News
Unilever Nigeria post 49% drop in EPS, propose dividend
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Unilever: Purpose To Action

Unilever Nigeria Plc epitomizes FMCG industry’s slippery slope

Unilever Overseas Holdings B.V. (“Unilever Overseas”) has notified The Nigerian Stock Exchange that its ongoing Tender Offer to individual shareholders of Unilever Nigeria Plc (“Unilever Nigeria” or “the
Company”) has been extended from June 10, 2015 to June 25, 2015.
Unilever stated that the extension is to provide Unilever Nigeria’s shareholder base (and in particular
the retail shareholders) a fair opportunity to participate in the Tender Offer, following the dislocation
of the postal and transportation services due to the fuel crisis.

However, some analysts believe the reason for the extension may also be connected to the fact that most shareholders are unwilling to sell and as such making hard for Unilever Uk to get the required numbers to make up the 75% it is seeking.
Under the terms of the Offer, Unilever Overseas is seeking to acquire up to 942,215,930 shares in the
Company at ₦45.50 per share in cash, which will increase its equity stake in the Company from 50.10%
up to a maximum of 75%.
Unilever has confirmed that it has no plans to delist Unilever Nigeria from the Nigerian Stock Exchange.

Related

Tags: Unilever

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Unilever: Purpose To Action
    • Airtel Africa secures $125 million loan facility from Citibank 
    • Ghana’s inflation rate rises to 31.7% in July 2022

    Follow us on social media:

    Recent News

    Unilever: Purpose To Action

    Unilever: Purpose To Action

    August 10, 2022
    Airtel

    Airtel Africa secures $125 million loan facility from Citibank 

    August 10, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com