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Honeywell Flour Mills hits two month high as takeover looms

11/23/2021 | 04:52am EST

ABUJA (Reuters) - Honeywell Flour Mills shares rose 9.95% in early trade on Tuesday to a two-month high, its second day of gains after Nigerian miller Flour Mills agreed to acquire a majority stake.

Flour Mills shares rose 5.98% to 30 naira each at 0933 GMT.

(Reporting by Chijioke Ohuocha, Editing by Louise Heavens)


ę Reuters 2021
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