The disposal of the business, which was closed temporarily in 2018 after the world’s biggest listeriosis outbreak, is part of a strategic review initiated before that outbreak and concluded that the business was “not an ideal fit” within the group’s portfolio.
Molare, one of South Africa’s largest piggery businesses and one of the main suppliers to the abattoir operation, will pay 117 million rand for its acquisition while Silver Blade will pay 311 million rand for the factories. The company is facing a class action lawsuit over its role in the listeriosis outbreak, which killed more than 200 people in South Africa and was traced back to a factory run by Tiger Brands-owned Enterprise Foods.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
MTN’s sale of Middle East business expected to boost 5G rollout in AfricaMobile operator to sell its operations in Syria, Afghanistan, Iran and Yemen
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »
From panic to pivot: join the free webinar on how to reinvent your businessOn Aug 19 at 9am, join the Business Day SME Matters digital series in partnership with the Johannesburg Business School, as we look at some of SA’s most innovative entrepreneurs who have turned crisis into opportunity. ArenaEventsZA
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »