Nampak’s disposal talks ongoing

The group's trading profit margin experienced a nine percent drop during the quarter largely attributable to the hyperinflation accounting effects from the prior year’s comparative period.

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.AdvertisementsNampak 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 in…

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