In a landmark deal poised to reshape Nigeria’s consumer goods landscape, Tolaram, a leading player in Africa’s consumer packaged goods sector, has acquired Diageo’s 58.02% shareholding in Guinness Nigeria Plc for ₦81.60 per share—a 63% premium to the 30-day volume-weighted average price (VWAP). The transaction, signed on June 11, 2024, signifies the beginning of a … Continue reading Tolaram to Acquire Diageo’s Stake in Guinness Nigeria