The merger between Vitafoam Nigeria Plc and Vono Products Plc is getting close to completion as both companies have obtained a court sanction of their scheme of merger effective March 11, 2016.
Both companies had last year agreed to a merger, by seeking to combine their business operations to ensure business efficiency.
At conclusion of the merger between both companies, Vono Products will be dissolved and de-listed from the daily official list of the Nigerian Stock Exchange (NSE),
Trading on the shares of Vono Products will be suspended from March 21, 2016.
The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.