Dangote sells Nigerian noodle plants to rival for $12mn

by | November 14, 2017 6:02 pm

Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines to rival pasta maker De United Foods Industries for N3.75 billion naira ($12.26 million), the company said on Tuesday.   Reuters reports that De United said it has signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar…

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