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Home » Nampak’s disposal talks ongoing
Companies & Markets

Nampak’s disposal talks ongoing

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A 53 percent increase in national tobacco production to an unprecedented 352,7 million kg this year, brings optimism to the group going into the final quarter.
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Nampak Southern Africa Holdings is still in negotiations with TSL Limited over the sale of Nampak Zimbabwe following the former’s acceptance of a binding offer. Nampak Southern Africa wants to dispose of a 51,43 percent shareholding in Nampak Zimbabwe for US$25 million.“Shareholders and the investing public are urged to continue to exercise caution when dealing…

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