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Monday 30 August 2021

South Africa’s Tiger Brands exits Nigeria market as UAC takes over 49% stake in food subsidiary

South Africa’s Tiger Brands exits Nigeria market as UAC takes over 49% stake in food subsidiary: Nigerian conglomerate UAC Plc has signed an agreement to acquire the minority shares of its unlisted subsidiary UAC Foods from South Africa's Tiger Brands next month, the company said in a regulatory filing. The sale makes Tiger Brands the latest South African business to exit Nigeria, Afri ...

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