This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Nigerian shareholders block Unilever bid for majority stake

( April 25, 2016, 08:35 GMT | Insight) -- Unilever’s bid for an overriding stake in subsidiary Unilever Nigeria has been blocked by the country’s shareholders. Unilever is attempting to bolster its stake from 58 percent to a majority-granting 75 percent. Nigerian shareholders mobilized...Unilever’s bid for an overriding stake in subsidiary Unilever Nigeria has been blocked by the country’s shareholders. Unilever is attempting to bolster its stake from 58 percent to a majority-granting 75 percent. Nigerian shareholders mobilized against the proposal, citing the example of GlaxoSmithKline Nigeria, whose shareholders resisted efforts by the company's UK arm to acquire a majority stake....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login