PZ shareholders approve the merger of three firms

Proshare

Wednesday, December 02, 2015 01:20PM / Cardinal Stone              

Shareholders of PZ Cussons Nigeria Plc, PZ Towers Limited and PZ Power Company Limited approved the merger of the three entities.  The approval was given at an Extraordinary General Meeting (EGM) by the shareholders.

The subsumed companies in the new arrangement - PZ Tower Limited and PZ Power Company Limited were incorporated in 2005 and 2009 respectively for the manufacture and sale of detergent to PZ Cussons Nigeria Plc and for energy generation and distribution to PZ and its related companies.


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