UAC Nigeria to sell 43% stake in DP World Logistics to TGI Group

AI Summary

UAC Nigeria Plc has agreed to sell its 43% stake in DP World Logistics Limited to 22 Plus Invest Limited, part of the Tropical General Investments (TGI) Group. This deal marks a significant ownership transfer in the Nigerian logistics sector.

UAC of Nigeria Plc has agreed to sell its 43% shareholding in DP World Logistics Limited (formerly MDS Logistics Limited) to 22 Plus Invest Limited, a member of the Tropical General Investments (TGI) Group. The post UAC Nigeria to sell 43% stake in DP World Logistics to TGI Group appeared first on Nairametrics.