Tiger Brands Changes Name back to Dangote Flour Mills

South Africa's Tiger Brands said it has changed its Tiger Branded Consumer Goods Plc of Nigeria (TBCG) name back to Dangote Flour Mills Plc.

Tiger Brands has not made money from TBCG, formerly known as Dangote Flour Mills, since paying nearly $200 million for a 65 percent stake in the firm over three years ago.

The change of name, according to the company is sequel to resolution passed by the company’s shareholders at annual general meeting held on April 7, adding that the change of name was implemented by both Nigerian Stock Exchange and Central Securities Clearing System on July 25.

myfinancialintelligence.com