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Uac Of Nigeria PLC Acquires Majority Stake in Livestock Feeds Plc; Increase to 51% Stake-All Africa


Wednesday, 27 Mar 2013 05:53am EDT 

All Africa reported that Uac Of Nigeria PLC has announced the acquisition of majority stake in Livestock Feeds Plc, increasing its stake in Livestock Feeds Plc to 51%, having previously acquired in excess of 11% of Livestock Feeds Plc's share capital through secondary market trade. Accordingly, Uac Of Nigeria PLC announced that, the acquisition brings Uac Of Nigeria PLC's combined share in the Nigerian animal feeds market to 32%. Financial terms of the acquisition were not disclosed. 

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