UUBO Teams Advise on Consolidation and Listing of BUA Foods Plc

Udo Udoma & Belo-Osagie’s Capital Markets team and its Mergers & Acquisitions team have advised on the consolidation of the BUA Group’s sugar, flour, pasta, rice, and oil businesses into BUA Foods PLC, and on the subsequent listing by the introduction of the shares of BUA Foods PLC in the #consumergoods sector of the Main Board of Nigerian Exchange Limited, with the trading symbol “BUA Foods”, adding, as a result, N720 billion to the market capitalisation of Nigeria Exchange Limited.

The UUBO capital markets team that advised on the listing was led by Yinka Edu and included Ekundayo Onajobi, Lisa Esamah, Ikenna Richard Edeh, and Dumebi Anike-Nweze.

UUBO mergers and acquisitions team partners and members that advised on the preceding #consolidation of the food divisions included partners Yinka Edu and Folake Elias-Adebowale, and Amina Ibrahim, Ekundayo Onajobi, Temiloluwa Olowu Mesuabari Mene-Josiah, Uju Ude and Bond Eke-Opara.


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