PZ Cussons continues Africa withdrawal with Ghana delisting
The British food group has withdrawn from the Ghana Stock Exchange, a few months after it began offloading some of its activities in Nigeria.
19/10/2020 at 16h06, by Africa Business+
The delisting offer closed on 19 October with 53.37% of shares resold by the company’s minority shareholders on the Ghana Stock Exchange (GSE) for a low value of just €579,213. Universal Merchant Bank and IC Securities Ghana acted as brokers for the share buyback, with parent company PZ Cussons Holdings now owning 95.5%.