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Cadbury Nigeria shareholders approve conversion of $7.7m debt to equity

The shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan of N7.03 billion ($7.71 million) owed to its principal shareholder, Cadbury Schweppes Overseas Limited, to

Cadbury board moves to sell 402m shares over inability to pay $7.7m debt

Cadbury Nigeria has offered to swap its $7.7 million (N7.03 billion) debt owed to Cadbury Schweppes Overseas Limited for more equity. Cadbury Schweppes Overseas Limited, controlled by Mondelēz International Inc,

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