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Nigeria's Honeywell group plans to spin off two units in next two years

By Chijioke Ohuocha LAGOS (Reuters) - Nigerian conglomerate Honeywell group plans to invest 150 billion naira ($750 mln) over the next 2-3 years to fund growth across its businesses and will list one or two subsidiaries on the local bourse, its chairman said. Oba Otudeko told the Reuters Africa Investment Summit on Monday that Honeywell, with interests in agriculture, real estate and energy, is ...
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Added March 03, 2015
from Yahoo Nigerian News