BRIEF-Tiger Brands Progresses Disposal Of Its Value-Added Meat Products Business

  • Reuters
  • Stock Market News
BRIEF-Tiger Brands Progresses Disposal Of Its Value-Added Meat Products Business
Credit: © Reuters.

Aug 17 (Reuters) - Tiger Brands Ltd TBSJ.J :

* TIGER BRANDS PROGRESSES DISPOSAL OF ITS VALUE-ADDED MEAT PRODUCTS BUSINESS

* MOLARE WILL ACQUIRE ABATTOIR BUSINESS, AS A GOING CONCERN, FOR A TOTAL CASH CONSIDERATION OF R100,000,000 (ONE HUNDRED MILLION RAND)

* SILVER BLADE WILL ACQUIRE MEAT PROCESSING BUSINESSES AS GOING CONCERNS, FOR A TOTAL CASH CONSIDERATION OF R153 MILLION

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