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PZ Cussons to convert N51.8bn intercompany loan into equity
PZ Cussons Nigeria Plc has announced plans to convert an intercompany loan of $34.26m, equivalent to N51.8bn, into equity. In a notification to the Nigerian Exchange Limited recently, the company ...
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Shareholders protest as PZ Cussons plans to dilute minority shares with $34.3 million debt to equity conversion
Shareholders of PZ Cussons Nigeria Plc have communicated their displeasure to the company over its debt-to-equity plans They warn that if implemented, it would erode share value and lead to other ...
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PZ Cussons H1 Adj. Pretax Profit Declines, LFL Revenue Up 7.1%
LONDON (dpa-AFX) - PZ Cussons (PZC.L) reported first-half pretax profit of 6.4 million pounds compared to a loss of 94.2 million pounds, prior year. Profit per share was 1.19 pence compared to a ...