UAC Exits DP World Logistics, Sells Entire 43% Stake to TGI Group

UAC Exits DP World Logistics, Sells Entire 43% Stake to TGI Group

Once approved, the transaction will fully transfer UAC’s 43 percent interest to TGI, marking a definitive exit from the logistics venture. The absence of disclosed financial details means the immediate impact on UAC’s earnings remains unclear. However, the deal underscores broader trends of strategic investment and consolidation in Nigeria’s logistics industry, positioning key players to meet rising demand for efficient supply chain solutions.