Coca-Cola set to acquire Nigerian juice company Chi Limited

Coca-Cola is moving ahead with plans to take over Nigeria’s leading juice company Chi Ltd and aims to complete the deal early next year, a senior executive told Reuters. The acquisition for an undisclosed price is one of several steps the U.S. company is taking in a global strategy to diversify from its core business… Read More Coca-Cola set to acquire Nigerian juice company Chi Limited

Two dead as policemen open fire on protesting Chi Limited workers

Two casual workers with Chi Limited were killed after a team of policemen opened fire on them during a protest at the company ’s headquarters on Ajao Estate, Lagos State. The deceased, 19- year- old Daniel Osikoya, and the other, whose name had yet to be ascertained, died from the gun injuries they sustained in… Read More Two dead as policemen open fire on protesting Chi Limited workers