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Nigeria’s Seven-Up seeks shareholder vote in $61.5 mln takeover bid

Nigeria’s Seven-Up Bottling Company will hold a meeting of shareholders in January to approve a bid by majority investor Affelka to buy out minorities in a 19.33 billion naira ($61.5 mln) takeover. Affelka, the investment firm of the Lebanese El-Khalil family, would not vote at the Jan. 11 meeting which has been ordered by the…

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