Acquisition approved

The Competition and Tariff Commission has approved Starafricacorporation Limited's 70% stake acquisition in West Beverage.
West Beverage is a manufacturer and distributor of soft drinks and alcoholic spirits.
In an internal memo seen by The Zimbabwean the sugar producers confirmed the acquisit

ion and the approval by CTC.
“The directors of Starafricacorporation believe that the company’s 70% shareholding in West Beverages will enhance shareholder value,” said the company.

Post published in: Economy

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