Why Dangote offloaded noodle plants to rival for N3.75bn
A clear reason has been adduced by the core investor in Dangote group, Aliko Dangote on why his group sold a unit of Dangote Flour Mills, Dangote Noodles Limited, to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m)….
Dangote exits Noodles sub sector, offloads assets to Dufil, makers of Indomie
Dangote Flour Mills (DFM), has offloaded stakes in noodles business for not considering it strategic. The decision stemmed from its regular business portfolio review which encouraged sale of the assets of Dangote Noodles to Dufil Prima Foods, makers of Indomie…
