International Breweries Archives

International Breweries seeks shareholders’ approval to convert $379.9m debt to equity

International Breweries Plc says shareholders would be asked to approve the conversion of an intercompany loan of $379.9 million to equity at the brewer’s extraordinary general meeting on April 9.

REVEALED: Peter Obi administration’s $12.24m stake in International Breweries now worth $5.38m

In a 2018 interview, Peter Obi said he invested $20 million in International Breweries on behalf of Anambra state as a governor. Obi’s claim was in response to questions on

2 comments Read Full Article

International Breweries cuts loss in Q1, hopeful for turnaround

International Breweries Plc is cutting its running losses heavily for the second year, which is giving good indications for an eventual return to profit this year. The company closed the

0 comment Read Full Article

10 companies fail to meet NSE’s deadline for filing audited reports

First Bank Nigeria Holdings, Union Bank and Diamond Bank are part of the 10 companies that could not meet the March 31 deadline given by the Nigerian Stock Exchange for

0 comment Read Full Article