ReadR


Discover Content : Trends

Discover real-time trending topics, hashtags, and content from different countries.

Top Countries

Select Country:🌐

Worldwide 🌍 | Nigeria 🇳🇬 | South Africa 🇿🇦 | Kenya 🇰🇪 |

See all other continents,locations, categories and associated headlines or trending informations here using;

America:
Canada 🇨🇦 | United States 🇺🇸

Africa:
Algeria 🇩🇿 | Egypt 🇪🇬 | Ghana 🇬🇭 | Kenya 🇰🇪 |Morocco 🇲🇦| Nigeria 🇳🇬 | South Africa 🇿🇦 |

Middle East:
Turkey 🇹🇷| Cyprus 🇨🇾 |

Europe:
Finland 🇫🇮| Hungary 🇭🇺 | Italy 🇮🇹 | Slovakia 🇸🇰 | Switzerland 🇨🇭 | United Kingdom 🇬🇧

Asia:
China 🇨🇳 |

Show more
Show less

Headline : Shareholders approve International Breweries $379.9m loan, debt-to-equity conversion

Read more from the original article on here at businessday.ng.




Tags : #shareholders #approve #international #breweries #3799m #loan #debttoequity #conversion


No. of Paragraph 12

The shareholders of International Breweries Plc have approved the convertible loan of $379.9million from AB InBEV Nigeria Holdings BV (Shareholder Loan).

The Shareholder Loan is in respect of the repayment of the loan obtained by the Company from Citibank Abu Dhabi.

The shareholders gave the approval at the brewer’s extraordinary general meeting in Lagos recently.

At the meeting, the shareholders also approved that the directors should subject to complying with applicable regulatory requirements apply all sums due from the Company to AB InBEV Nigeria Holdings BV under the Shareholders Loan, towards payment for any shares subscribed for by AB InBev Nigeria Holdings BV in the company’s Right Issue.

Read more from the original article on here at businessday.ng.


Related Headlines : Shareholders approve International Breweries $379.9m loan, debt-to-equity conversion (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.