Tiger Brands - Acquisition of shares in Bromor Foo
TBS
TIIH
Tiger Brands - Acquisition of shares in Bromor Foods (Pty) Limited and
acquisition of the Sugar Confectionery Business of NestlE
Tiger Brands Limited
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN code: ZAE000071080
ACQUISITION OF SHARES IN BROMOR FOODS (PTY) LIMITED AND ACQUISITION OF THE SUGAR
CONFECTIONERY BUSINESS OF NESTLE (SOUTH AFRICA)
Further to the announcements relating to the above acquisitions that were issued
on 4 April 2006 and 5 April 2006 respectively, and which were referred to in the
interim results announcement released on 17 May 2006, we confirm that:
1 the Competition Tribunal has approved unconditionally the acquisition by
Tiger Food Brands Limited of all of the shares of Bromor Foods (Pty)
Limited from Cadbury Schweppes Investments B.V; and
2 the Competition Tribunal has approved unconditionally the acquisition by
Tiger Brands Limited or its appropriate subsidiaries of the sugar
confectionery portfolio of NestlE in South Africa.
The acquisition of the shares in Bromor Foods (Pty) Limited is expected to be
effective from 1 August 2006.
Subject to the conclusion of certain formalities between Tiger Brands and
NestlE, it is anticipated that the effective date of the acquisition of the
sugar confectionery portfolio will be 1 September 2006.
Bryanston
14 July 2006
Sponsor
JP Morgan Equities Limited
Date: 14/07/2006 03:00:44 PM Produced by the JSE SENS Department
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