Shares in Dangote Flour Mills have more than doubled so far this year after rising by 276 per cent last year. The stock price was down by 3.17 per cent on Tuesday at N9.20 naira. Dufil Prima Foods, the parent of De United Foods, is a privately held company set up over two decades ago, which has grown to become the largest pasta maker in West Africa. De United said the transaction had been approved by both companies and the regulators. A banking source close to the deal said that De United would continue to produce noodles under the Dangote brand for two years after the acquisition. In July Dufil Prima Foods said it would raise N40bn in the local debt market to broaden its funding base. To Receive SKYTREND NEWS Alerts On WhatsApp, Add 0802 739 7554; For Adverts Enquiries, Whatsapp 0802 739 7554, Send Articles & News Stories To editor@skytrendnews.com. Punch Newspaper READ ALSO! First Bank’s Appalling Customer Service And Utter Disregard For Its Customers READ ALSO! Between GoDaddy And Namecheap: Making The Best Choice For Domain Name Registrar READ ALSO! Google Developing New Tools To Enhance Article Search For News Publishers On Subscription READ ALSO! The Hurdles Nigerian Youths Must Cross By 2019, By Dele Momodu READ ALSO! The Internet’s Future Lies With Its Next Billion Users — Sundar Pichai, Google CEO READ ALSO! Nigerian Filmmaker, Zuriel Oduwole Makes Forbes List Of 100 Most Influential African Women READ ALSO! Woman Marries Her Son After Getting Pregnant For Him READ ALSO! Smartphone Sales Fall As Samsung, Apple Consolidate Market Share READ ALSO! The Smart CEO: Top 5 Websites To Get Cheap Domain Name Registration ]]>