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shareholder vote
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Nigeria PZ Cussons Faces Setback as Shareholders Reject Debt-to-Equity Proposal
PZ Cussons Nigeria (PCZN) failed to secure the 75% shareholder approval needed to convert a ₦51.79 billion intercompany loan into equity. Despite strong minority shareholder backing, key dissenting votes blocked the deal. The company remains focused on alternative restructuring to address...- Nigeria News
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- Category: Business
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