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Shareholders give final approval to CAP-Portland Paints merger deal - Vimarsana News

Shareholders give final approval to CAP-Portland Paints merger deal

ON THE GO Taofeeq Arapaja, Makinde’s candidate, emerges PDP south-west chairman Taofeeq Arapaja, a former deputy governor of Oyo state, has emerged as the south-west chairman of the Peoples Democratic Party (PDP).Advertisement The south-west congress of the party held at Osogbo,... Countries depending on China’s COVID vaccines ‘may experience increased infection rates’ Scientists say countries that rely on COVID-19 vaccines from China run the risk of experiencing renewed waves of infections.Advertisement The China-made vaccines are said to be cheaper and easy to... B...

Portland Paints gets court approval to merge with CAP Plc - Vimarsana News

Portland Paints gets court approval to merge with CAP Plc

Portland Paints and Products Nigeria Plc on Tuesday announced plans to transfer all its rights liabilities and business undertakings, including real property and intellectual property to Chemical Allied Products (CAP) Plc. This followed the approval of the proposed merger plan between CAP Plc and Portland Paints Plc by the Federal High Court, Lagos. In a statement sent to Nigeria Stocks Exchange on Tuesday, Portland paints said upon approval by the shareholders at the court-ordered meeting on February 18, the subjoined resolutions of the merger agreement would be effected. In the arrangement,...