Flour Mills of Nigeria Plc has assured its stakeholders that the recent announcement by the Group to assume majority shareholder status of Honeywell Flour Mills Plc , was made after carrying out necessary due diligence and obtaining appropriate legal guidance. FMN said the agreement was not in breach of any subsisting order of court…
FMN said the agreement was not in breach of any subsisting order of court in matters relating to any third party. “Stakeholders are therefore urged to maintain their trust in FMN’s management, whose actions are guided by global best practices, as we work diligently to maintain the Group’s sterling reputation as one of Nigeria’s leading and oldest agro-allied companies”, the firm said in a statement.
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