Frigoglass in Talks to Sell Nigerian Unit Ahead of Debt Payments

BloombergFriday, September 19, 2025 at 11:32:09 AM
Frigoglass in Talks to Sell Nigerian Unit Ahead of Debt Payments
Frigoglass Group, a UK-based manufacturer known for its beverage coolers, is currently negotiating the sale of its Nigerian unit, which is the largest glass container producer in Africa. This move comes as the company seeks to generate funds to meet upcoming debt payments. The sale could significantly impact the local market and Frigoglass's operations in the region, highlighting the challenges faced by businesses in managing financial obligations.
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