Nampak, Africa’s largest diversified packaging manufacturer, has sold its glass business to Isanti Glass 1, an entity made up of a black-owned investment company and a local subsidiary of beer maker AB InBev , for about R1.5bn.
In its 2018 annual report, Nampak said it had decided to dispose of the glass business “because its financial returns have failed to meet required levels due to inadequate skills, high expenditure and high fixed costs”. Nampak CEO André de Ruyter said the company would continue to rationalise its portfolio to improve returns on capital.
“It is not anticipated that the suspensive conditions will have been met before the Nampak 30 September 2019 year-end,” the company said.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Outsurance sells New Zealand insurance businessRand Merchant Investment Holdings says the sale of Youi Holdings will release capital of up to NZ$13m
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »
Outsurance sells New Zealand insurance businessRand Merchant Investment Holdings says the sale of Youi Holdings will release capital of up to NZ$13m
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »