News Formal

Libstar hangs on to its household and personal care business units

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

The group says considering the volatility of the economic environment, purchasers have agreed to terminate talks over the proposed sale

Consumer goods group Libstar says it will exit a deal to sell its stake in its household and personal care segment, citing volatility and an improvement in the businesses.

In February, the maker of Lancewood dairy products, Denny mushrooms and Goldcrest canned goods said it had received an offer from PAPE Fund Managers and Kanaka Chemicals for a 70% equity interest in two of its household and personal care businesses for a reported R217m...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MONEY LIVE | Sale of Libstar business falls through | Fin24MONEY LIVE | Sale of Libstar business falls through. Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
Source: Fin24 - 🏆 21. / 63 Read more »