South Africa's Tiger Brands to up stake in Dangote Flour
date:Nov 23, 2012
Earlier this year Tiger Brands bought a 63 percent stake in the flour and pasta maker in its third and biggest deal yet in Nigeria, Africa's most populous country and second-largest economy, which is seen as a growth area for consumer and food products.

Owner Aliko Dangote's holding firm Dangote Industries Ltd kept a 10 percent shareholding in the flour mill after Tiger Brands' purchase.

Tiger Brands said in a presentation on its full-year earnings that it is making an offer to minorities in D
1/4 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
05/15 06:32