Nestle S.A. Provides 102,690 Shares of Nestle Nigeria to Present Stake

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Nestle S.A., a majority shareholder in Nestle Nigeria Plc, continues to extend its holding in Nestle Nigeria as the corporate acquired one other 102,690 shares of Nestle Nigeria Plc.

In a disclosure assertion launched on the Nigerian Inventory Trade’s web site, Nestle Nigeria Plc stated the 102,690 shares had been bought at N1,400 per unit on November 20, 2020 on the Nigerian Inventory Trade buying and selling ground in Lagos, Nigeria.

Nestle S.A has been growing its holding of Nestle Nigeria Plc for the reason that starting of the 12 months in a transfer that steered confidence in the way forward for the native firm or seemingly takeover within the close to future.

See the main points of the transaction under.

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