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Tag "Honeywell Group Limited"

More than money: How Honeywell Group’s investment is future-proofing First Bank’s legacy

    More than money: How Honeywell Group’s investment is future-proofing First Bank’s legacy

On July 6, 2023, Honeywell Group Limited (HGL) bought 4,770,269,843 shares in First Bank Holding (FBNH). It was just one transaction but with multiple effects on the company, the Nigerian

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ICYMI: Otudeko-led Honeywell acquires 4.7bn shares of FBN Holdings, becomes largest shareholder

    ICYMI: Otudeko-led Honeywell acquires 4.7bn shares of FBN Holdings, becomes largest shareholder

Honeywell Group Limited (HGL) has acquired 4.7 billion shares of FBN Holdings Plc (FBNH), the parent company of First Bank of Nigeria. Honeywell Group is chaired by Oba Otudeko, a

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Flour Mills to acquire 71.69% stake — equity of FBN Holdings in Honeywell

    Flour Mills to acquire 71.69% stake — equity of FBN Holdings in Honeywell

Flour Mills of Nigeria (FMN) says it has signed agreements to acquire a 71.69% stake in Honeywell Group Limited (HGL), culminating in an enterprise value of N80 billion. The company

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