A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on yesterday. De United said it had signed an agreement with the firm to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a statement from ...
Read More »