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    Obafoluke Otudeko sells Honeywell for N22 billion in order to repay a long-term loan to First Bank

    Honeywell Flour Mills of Nigeria Plc, a Nigerian agro-allied group led by Greek investor John Coumantaros, has announced the acquisition of a 71.69 percent stake in Honeywell Flour Mills as well as a 5.06 percent stake in the firm for N4.2 ($0.01011) per share, after months of negotiations and...
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