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PZ Cussons $34.3 million debt conversion plan sparks controversy


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PZ Cussons $34.3 million debt conversion plan sparks controversy

PZ Cussons Nigeria's proposed $34.3 million debt-to-equity conversion at N23.6 per share has triggered mixed reactions among shareholders. While some view it as a necessary move to rescue the company from financial distress, others fear it could pave the way for a forced buyout and eventual delisting.

The post PZ Cussons $34.3 million debt conversion plan sparks controversy appeared first on The Guardian Nigeria News - Nigeria and World News.

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