Investing
November 30, 2021
Flour Mills Nigeria & Honeywell M&A: Implications for the Nigerian Capital Market
This edition of the "Market Review" features Mr. Olutoyin Ayoade, MD/CEO MBC Securities, as he speaks on "Flour Mills Nigeria & Honeywell M &A: Implications for the Nigerian Capital Market". 

He provides his views on how the N80bn acquisition of a majority stake in Honeywell by Flour Mills Nigeria will affect the financial and capital market. Mr. Ayoade also addressed the concerns around investor protection, stressing that the chief capital market regulator, the Securities and Exchange Commission (SEC), is playing its role so far to ensure that the deal does not undermine the interests of investors. 

The market player said it was another significant Merger and Acquisition that will significantly impact the industry and economy. He gave his views on the issues raised by Ecobank with Honeywell and the implications for the M & A.


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