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Cadbury Nigeria shareholders okay $7.7mn debt to equity swap

Cadbury Nigeria says it will convert a $7.7 million loan owed to its majority shareholder, Cadbury Schweppes Overseas to equity, following approval by shareholders at Thursday’s extraordinary General Meeting. Oyeyimika Adeboye, Managing Director of Cadbury Nigeria, joins CNBC Africa to discuss this latest move.
Fri, 09 Feb 2024 11:56:05 GMT