UAC of Nigeria to acquire a 49% stake in UAC Foods from Tiger Brands.

Synopsis

UAC of Nigeria, a conglomerate company, agreed to acquire a 49% stake in UAC Foods, a food production company, from Tiger Brands, a packaged goods company. Financial terms were not disclosed. UAC, with interests in real estate, paints and livestock feed, said it will operate Tiger Brands’ food company, after the acquisition closes in September.

Principals

target

Uac Foods

bidder

Uac Of Nigeria

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Bidder Team (3)

funke ijaiya-oladipo

CFO at UAC OF NIGERIA PLC

Manager

bidder

Deal

n/a

Total Value

folasope aiyesimoju

Managing Director at UAC OF NIGERIA PLC

Manager

bidder

Deal

n/a

Total Value

daniel agbor

Chairman at UAC OF NIGERIA PLC

Manager

bidder

Deal

n/a

Total Value

Vendor Team (2)

deepa sita

CFO at TIGER BRANDS

Manager

vendor

Deal

n/a

Total Value

noel doyle

CEO at TIGER BRANDS

Manager

vendor

Deal

n/a

Total Value

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