Nigerian Breweries
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WA
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Acquired the remaining 20% shareholding in Distell Wines and Spirits Nigeria Limited (DWSN) amid N1.08 Trillion revenue
Nigerian Breweries Plc (NB) has acquired the remaining 20% shareholding in Distell Wines and Spirits Nigeria Limited (DWSN), completing its full acquisition of the company. This move follows the execution of a sale and purchase agreement with DWSN's minority shareholders, Ekulo International Limited and Next International Nigeria Limited.
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FV
3.6% overvalued intrinsic discount14.29%
Revenue growth p.a.
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2 days ago author updated this narrative