TSL, Nampak takeover deal talks ongoing

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.

Negotiations for the proposed takeover of Nampak Southern Africa Holding’s 51,43 percent shareholding in Nampak Zimbabwe by TSL Limited are still ongoing, sources close to the matter have said.In a notice to shareholders this week, Nampak Zimbabwe urged the investing public to continue to exercise caution when dealing in the company’s securities.“These discussions follow the…

Subscribe to read full article. Subscribe today

Related posts

Delta quells share price concerns

Housing product bolsters Fidelity income

Dairibord eyes capacity expansion

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More