Olam International to acquire Dangote Flour Mills for N130bn

Posted by - April 24, 2019

Olam International Limited, a Singaporean agro-allied company,plans to acquire Dangote Flour Mill (DFM) Plc in a bid worth N130 billion. Dangote Flour Mills, in a notice to the Nigerian Stock Exchange (NSE), said the total consideration offered by Olam to acquire its five billion shares was N130 billion. Olam, through its subsidiary Crown Flour Mills