TSL has identified three non-performing assets for sale to raise funds towards the acquisition of a 51,43 percent equity stake in Nampak Zimbabwe. The agro-industrial firm is looking forward to completing the US$25 million transaction from the disposal of industrial properties in Gweru and Bulawayo as well as another in Harare, commonly known as Nuffield.The…
TSL sheds assets to fund Nampak acquisition
During the year, Nampak completed the disposal of Bevcan Nigeria, the I&CS businesses, and Kenyan assets.