PZ Cussons Shareholders Reject Debt-For-Equity Deal

PZ Cussons Nigeria Plc has  announced that the company’s minority shareholders have voted not to approve the conversion of $34,264,544 (equivalent to N51,795,312,646.72) of the outstanding intercompany loan amount owed by the Company to PZ Cussons (Holdings) Limited into equity. The decision was made at PZCN’s Extraordinary General Meeting (EGM) held on March 13th 2025 […]