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LequteMan
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Nigeria- May & Baker Nigeria Plc is receiving interests from numerous foreign and local investors towards possible acquisition of strategic equity stake in the company, according to 4-traders.
Managing Director, May & Baker Nigeria Plc, Mr. Nnamdi Okafor, says there have been a lot of interests in the company from foreign and Nigerian investors but the company will only be receptive to arrangements that protect the interests of the existing shareholders and create substantial future values for all stakeholders
"We are talking to the major shareholders to feel their pulse and see when they will be ready to take their rights and we are also talking to some foreign investors, especially those that will also bring some technical competence and skill, and I think within this year we should be able to strike a good balance that will ensure that everybody is taking care of in a fair way," Okafor said
Investors' interests in May & Baker Nigeria have increased in recent months following its successful completion of a major stage of its World Health Organisation (WHO) certification and prequalification process with the issuance of the WHO's current General Manufacturing Practice (cGMP) to it.
#Nigeria #MayBaker
Managing Director, May & Baker Nigeria Plc, Mr. Nnamdi Okafor, says there have been a lot of interests in the company from foreign and Nigerian investors but the company will only be receptive to arrangements that protect the interests of the existing shareholders and create substantial future values for all stakeholders
"We are talking to the major shareholders to feel their pulse and see when they will be ready to take their rights and we are also talking to some foreign investors, especially those that will also bring some technical competence and skill, and I think within this year we should be able to strike a good balance that will ensure that everybody is taking care of in a fair way," Okafor said
Investors' interests in May & Baker Nigeria have increased in recent months following its successful completion of a major stage of its World Health Organisation (WHO) certification and prequalification process with the issuance of the WHO's current General Manufacturing Practice (cGMP) to it.
#Nigeria #MayBaker
