- Nigerian Breweries is eyeing major expansion with an 80% stake in Distell Wines & Spirits Nigeria
- The company made the proposal before shareholders this week, requesting approval for the acquisition
- The company emphasised that this strategic move is in line with its objective to diversify its product portfolio
Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.
Nigerian Breweries Plc has declared its intention to organise an Extraordinary General Meeting (EGM) of shareholders to secure an 80% acquisition of Distell Wines & Spirits Nigeria Limited.