Seven-Up seeks shareholder vote in $61.5m takeover bid

Emeka Ejere || Nigeria’s Seven-Up Bottling Company will hold a meeting of shareholders in January to approve a bid by majority investor Affelka to buy out minorities in a 19.33 billion naira ($61.5m) takeover. Affelka, the investment firm of the Lebanese El-Khalil family, would not vote at the Jan. 11 meeting which has been ordered…

The post Seven-Up seeks shareholder vote in $61.5m takeover bid appeared first on Alabingo.