“We continue to rationalise the portfolio to improve returns on capital and reinforce our strategic intent. Proceeds from this disposal will further strengthen the company’s financial position,” de Ruyter said.
Nampak has, however, retained its aluminum and tin canning products and services in Nigeria, Africa’s biggest economy. Nigeria’s huge, expanding population of young people of working age has made the West African country one of the top investment destinations on the continent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: