Central Bottling Company , the Israel-based lead partner in the Milco consortium that has made an offer to buy Clover, is in SA for the long term, a senior representative of the company said on Wednesday.
The Milco consortium is on the brink of acquiring Clover in a transaction worth R4.8bn. However, CBC’s Israeli ties have overshadowed the proposed deal since its announcement in February.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
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