Flour Mills Nigeria acquires 76.75% stakes in rival Honeywell Flour Mills

Flour Mills Nigeria acquires 76.75% stakes in rival Honeywell Flour Mills: In a regulatory filing on November 22, the country’s biggest flour miller said the agreement with Honey Well Group would lead to the acquisition of 71.69 percent and the 5.06 percent of the First Bank equity in the rival flour mill  firm.