![[DEAL] Vitafoam and Vono Products agree merger](https://nairametrics.com/wp-content/uploads/2015/05/Vono-Mattress.png)
- Greenwich Securities Limited has on behalf of its clients, notified The Nigerian Stock Exchange of the proposed Scheme of Merger between Vitafoam Nigeria Plc and Vono Product Plc.
- According to Greenwich Securities Limited, Vitafoam Nigeria Plc currently holds 47.5% in Vono Product Plc. Both companies seek to combine their business operations to ensure business efficiency. In this regard an application shall be filed with the Securities and Exchange Commission (SEC).
- The market will be updated on the progress of the proposed Scheme of Merger in due course.
