Omnia on acquisition hunt after paying off debt

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

Chemicals and fertiliser group settles debt and announces first dividend in three years

Chemicals, fertiliser and explosives group Omnia expects to make acquisitions in Asia or North America with the group having accumulated R1.8bn in cash in the year to end-March.

CEO Seelan Gobalsamy, a former executive at Liberty Holdings, Stanlib and Old Mutual who has led a turnaround of the company’s fortunes since he joined in September 2018, told Business Day that the company was looking to buy new businesses that complemented its core agricultural and mining assets...

 

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

This CEO will f**** up that company like he did Stanlin

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 US

United States United States Latest News, United States United States Headlines