Shareholders in the Nigerian business of soap maker PZ Cussons have rejected a proposal by the parent to convert a loan into shares. The parent company had proposed conversion of the inter company ...

PZ Cussons Nigeria (PZCN) Plc stated that its minority shareholders have voted not to approve the conversion of $34.265 million (equivalent to N51.795 billion) of the outstanding intercompany loan ...

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PZ Cussons Nigeria has announced that minority shareholders voted against the conversion of $34.26 million debt owed to its parent company, PZ Cussons Holdings, into equity. This information was ...