SEC, FCCPCC to Collaborate on Mergers
The Securities and Exchange Commission and the Federal Competition and Consumer Protection Commission have agreed to continue to work together in a bid to simplify the processes of company mergers in Nigeria.
A statement issued by the commission’s spokesperson, Efe Ebelo, quoted Uduk as expressing the need for both organisations to work together to ensure that there is no vacuum in a bid to ensuring that the collaboration would lead to a more stronger economy for the country. She disclosed that the commission presently has capacity in the area of mergers and would be willing to share knowledge with the new organisation.
He said: “We would like to commend the way you have approached your work, especially the merger review. I think it has become exemplary to everyone and the rest of the country and both internationally and domestically, and your mode of leadership made it possible.
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