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The 2023 Dangote Sugar-NASCON merger collapse: A postmortem analysis

Summary by Nairametrics
When Dangote Sugar Refinery proposed a bold merger in August 2023 with NASCON Allied Industries and the dormant Dangote Rice, it looked like a conglomerate tightening its belt, blending its salt, sugar, and rice businesses into a leaner empire. Under the proposed terms, NASCON shareholders would give up 12 NASCON shares in exchange for 11 […] The post The 2023 Dangote Sugar-NASCON merger collapse: A postmortem analysis appeared first on Nairamet…
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NewsOne Nigeria broke the news in on Tuesday, May 13, 2025.
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