Tag Archives: Cussons

PZ Cussons Sells Stake in Nigerian JV , Lowers FY25 Revenue Steering

PZ Cussons Sells Stake in Nigerian JV , Lowers FY25 Revenue Steering

THE WHAT?  PZ Cussons has agreed to promote its 50% fairness stake in Nigerian three way partnership PZ Wilmar to Wilmar Worldwide for US$70 million, with the transaction anticipated to finish within the ultimate quarter of 2025, topic to regulatory approvals. Internet proceeds after taxes and charges are anticipated to be roughly US$64 million. The […]