NewStats: 3,263,119 , 8,179,159 topics. Date: Wednesday, 04 June 2025 at 06:32 PM 5s1t1c

We are pleased to announce the proposed combination of Honeywell Flour Mills and Flour Mills of Nigeria and subject to regulatory approvals, this will combine businesses with shared goals, creating a more resilient national champion in the Nigerian foods industry, ensuring long-term job creation and preservation.

We are excited for the proposed combination of two trusted and entrenched brands, creating a single entity that is better positioned to benefit the growing Nigerian population. We’re looking forward to the next chapter!

Honeywell Group

Most time when an acquisition of this nature happen,some workers will surely get laid off.

This acquisition is strategic for Oba Otudeko as a way of managing the various challenges he has had with banks on the various outstanding loans expecially those of First Bank.
This deal will get him the required liquidity and breathing space needed to address other problems. He's not getting younger.

Monopoly all the way to heaven or Hell. This the soul reason why Nigeria's problems are class struggle not tribal or religious sentiments, for the rich will keep getting richer, while the poor keep getting poorer.

Nigerian youths need to hustle more......

Uhmmm...This is Otudeko fighting back to reclaim his position at FirstBank. Once this deal is done, the dude will pay off Firstbank indebtedness and free his stake.

Sharp guy!

Otedola and Odukale should go back to the drawing board.

Ija sheshe bere ni

Price of shares to drop soon...
Investors shuld be at alert

Hope it doesn't make prices of Honeywell products go up.. We are getting tired by the day.

at least Oba Otudeko will pay his debt at FBN plc

Something is telling me Dangote has an hand in this. That guy won dominate Nigeria to the core

Omo, see money
Times are hard truly
First bank truly open this oba's yansh Sha..
Not all rich men are truly rich Sha.
This won't affect anything Sha cos the last time I checked, 1kg of semo is still 650

Once Otudeko was stripped out of FBN looting, the useless thief is now nakked on the streets. The old thief is nothing without the poor masses money. In order for Oba Otudeko to repay the loans he took from FBN, he has to sell out the fraudulent company Honeywell Flour Mills.

Wow, I almost ed Honeywell a few months back, when God does good atimes we call it evil

Interesting..

times are hard

H

Golden honeywell Nigerian flour mill loading...........
Because Golden Penny might soon be magnetized too.
May God save us from this tribulations!

So laik diz expect Spaghetti price shooting up soon

Hostile Take Over.

Those saying Oba will pay his debt, he took a loan to buy shares that he even refused dividends as collateral. So the money is going back to the real owners while he cashes out on the dividend payments.

See biz ba

I love takeovers

81 billion gini abeg were una de see this money nah? It will not be well with poverty aswear

Interesting.......

huptin:
Wow, I almost ed Honeywell a few months back, when God does good atimes we call it evil

how will this affect your ing or not ing?

Bili Bili is on the mic

Life

Gjoo

southniyikaye:
how will this affect your ing?

You go school at all?

signature2012:
Most time when an acquisition of this nature happen,some workers will surely get laid off.

Bitter Truth

NIGERIA