FarahAideed:
That noodels market is spiritual, despite the fact there are many better noodles the Nigetian masses loyalty is stuck with de uniteds Indomie

Atinuke123:
I dedicate this space to all the single ladies in the house. Ur time is coming.




To all Nigerians one love.





To ultimated1 I thank you.


Lalasticlala much respect.

Atinuke123:
I dedicate this space to all the single ladies in the house. Ur time is coming.




To all Nigerians one love.





To ultimated1 I thank you.


Lalasticlala much respect.

FarahAideed:
That noodels market is spiritual, despite the fact there are many better noodles the Nigetian masses loyalty is stuck with de uniteds Indomie

personal59:
waooo



I doubt if dangote can survive good competitor


dangote noodles
dangote pasta
dangote tomato paste
dangote maggi
and all dangote business where competitors are is down and people will still call him a good businessman abegi




Government should please give me the sole right to lighters and matches for minimum of 10years and let's see if am also a good businessman or not

profjustine458:
good for him, I think dangote should focus on cement, his indomie turns to pap immediately it touches hot water it's nothing to write home about.

muchroom:
his "indomie"? Say after me... NOODLES.

personal59:
waooo



I doubt if dangote can survive good competitor


dangote noodles
dangote pasta
dangote tomato paste
dangote maggi
and all dangote business where competitors are is down and people will still call him a good businessman abegi




Government should please give me the sole right to lighters and matches for minimum of 10years and let's see if am also a good businessman or not

LordAdam16:


Which one is better ni?

My brand loyalty for Indomie no b hia.

-Lord

sinaj:
I dont think there is any noodle that is better than Indomie

bettercreature:
He is a product of our monopolistic system,he prefer businesses with high profit margins such as cement,rice,refinery and so on
80% of his profit comes from rice and cement

FarahAideed:


I actually prefer Mimmie noodles but its too hard to find

Obijulius:
Hmmnnn.

Even Dangote has lost hope in Nigeria. May have gotten his Canadian invitation.

Zombie headslammers continue hoping that Buhari’s corpse will rise again.

LordAdam16:


Because una wen lyk am no plenty. Which by the way is part of the reason why I said the regulators shouldn't have given the deal their blessings. The higher the market share, the harder it'd be for the smaller brands to stay in the market (and for ppl like you to find brands you prefer).

Every time I've eaten noodles other than Indomie, I've been disappointed. I don't test anymore, I'm not a guinea pig.

-Lord

FarahAideed:


Mimmie is way better to me but the problem is that most stores dont stock it

FarahAideed:
That noodles market is spiritual, despite the fact there are many better noodles the Nigetian masses loyalty is stuck with de uniteds Indomie

personal59:
waooo



I doubt if dangote can survive good competitor


dangote noodles
dangote pasta
dangote tomato paste
dangote maggi
and all dangote business where competitors are is down and people will still call him a good businessman abegi




Government should please give me the sole right to lighters and matches for minimum of 10years and let's see if am also a good businessman or not

Obijulius:
Hmmnnn.

Even Dangote has lost hope in Nigeria. May have gotten his Canadian invitation.

Zombie headslammers continue hoping that Buhari’s corpse will rise again.

FarahAideed:
That noodles market is spiritual, despite the fact there are many better noodles the Nigerian masses loyalty is stuck with de uniteds Indomie

Atinuke123:
I dedicate this space to all the single ladies in the house. Ur time is coming.




To all Nigerians one love.





To ultimated1 I thank you.


Lalasticlala much respect.

Petercious133:
exclusivepp.com.ng

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 Tuesday.

De United said it had signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a report by Reuters.

The deal comes after Dangote sold a small stake in its cement business to foreign investors in a one-off stock market deal valued at N27bn.

Dangote Flour Mills, majority owned by Africa’s richest man, Aliko Dangote, had said it wanted to quit the noodles business to focus on flour and pasta production.

Nigeria’s noodle market is fiercely competitive and De United, with a market share of around 70 per cent, is seeking to consolidate the sector.

Privately-held Dangote Industries Limited, with interests in agriculture, real estate and truck assembly, bought back the flour unit it had sold to South Africa’s Tiger Brand for $1 in 2015 after it posted losses.

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.

Source:- http://www.exclusivepp.com.ng/dangote-sells-noodle-plants-rival-n3-75bn/

FarahAideed:


Mimmie is way better to me but the problem is that most stores dont stock it

exquisite007:
This man is businessly smart, lol. The business is already at its peak of maturity. Better to sell off at this stage. I feel he's gonna come up with something unique and still get back his customers. Dan Business kenan.