Corporate Restructuring
In the area of corporate restructuring, we:
acted as Solicitors with regards to a joint Scheme of Merger involving two publicly listed companies and two private companies valued in excess of N165,000,000,000.00 (One Hundred and Sixty Five Billion Naira);
 
acted as Solicitors to Flour Mills of Nigeria Plc and its wholly owned subsidiary, Golden Pasta Company Limited in respect of a Scheme of Arrangement between both companies (valued in excess of N161, 000, 000, 000.00 (One Hundred and Sixty One Billion Naira), towards the absorption by Flour Mills of Nigeria Plc of Golden Pasta Company Limited’s business and undertakings into one of its divisions;
 
acted as solicitors to Flour Mills of Nigeria Plc. with regards to a merger with Niger Mills Company Limited, one (1) of the biggest Nigerian companies primarily engaged in milling with a transaction value in excess of N147,000,000,000.00 (One Hundred and Forty Seven Billion Naira);
 
advised on the re-structuring and spin-off of Oando Plc’s downstream marketing business valued at over N16,000,000,000.00 (Sixteen Billion Naira) into an independent enterprise; 
 
acted as Solicitors in respect of the first business combination/merger between two local investment banks with a combined value in excess of N9 Billion
 
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49, Raymond Njoku Street,
South-West Ikoyi, Lagos
Tel: +234 1 271 9945
      +234 1 279 3617
      +234 1 270 3647 
Fax: +23412719945  
Email: tnp@tnp.com.ng