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TOLARAM ACQUISITION

Companies

Why Tolaram’s N104 billion acquisition of Guinness Nigeria is a game changer

On June 11, 2024, Diageo announced it had entered a deal to sell its 58.02% stake in Guinness Nigeria Plc to Tolaram, bringing an end to over five decades of direct ownership of the Nigerian subsidiary.

David Olujinmi · Jun 12, 2024 6 min