DANGOTE FLOUR MILLS UP FOR SALE

DANGOTE FLOUR MILLS UP FOR SALE

Olam International Offers N120 billion to buy Dangote Flour Mills Plc Africa’s richest man Aliko Dangote; two(2) years after selling Dangote Noodle Plants to his rival pasta maker De-United Foods Industries for N3.75 billion (US$12.26 million); have recently also put up for sale Dangote Flour Mills (DFM) Plc; the flour and pasta manufacturing unit of his conglomerate. Is he leaving the pasta business to generate funds for the ongoing Dangote refinery? Dangote acquired DFM in…

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