TBS - Tiger Brands - Disposal of Dairybelle Busine
TBS
TIIH
TBS - Tiger Brands - Disposal of Dairybelle Business by Tiger Brands
TIGER BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080
"Tiger Brands"
DISPOSAL OF DAIRYBELLE BUSINESS BY TIGER BRANDS
On 21 February 2007 Tiger Brands announced that an agreement had been concluded,
in terms of which the Dairy business conducted under the name of DairyBelle,
would be sold to a consortium of investors which was envisaged to include the
management and staff of DairyBelle. The transaction was conditional inter alia
upon regulatory approvals. The Competition Tribunal unconditionally approved
the proposed transaction on 18 April 2007. All conditions precedent in respect
of the agreement have now been fulfilled.
The effective date of the transaction will be 28 April 2007.
Bryanston
Date: 19 April, 2007
Sponsor
JP Morgan Equities Limited
Investment Bank and Adviser: Nedbank Capital, a division of Nedbank Limited
Date: 19/04/2007 13:19:47 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
