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Cargill pays $20m to increase SA stake

Dec 14 2012 11:38
Reuters

Company Data

ASTRAL FOODS LIMITED [JSE:ARL]

Last traded 155
Change 0
% Change 0
Cumulative volume 19167
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - US agricultural firm Cargill said on Friday it had paid $20m to increase its stake in its South Africa animal nutrition business. 

Cargill said in a statement it now held 75% of NuTec Southern Africa, its joint venture with Astral Foods [JSE:ARL]

Astral retains 25 % of the business, it said.  

 

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