• Inside Labour

    Away with empty rhetoric and slogans - labour needs to focus on real issues, says Terry Bell.

  • Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

Loading...
See More

Rainbow Chicken buys stake in Zam Chick

Feb 04 2013 11:19 Reuters


Company Data

RCL Foods Limited [JSE:RCL]

Last traded 0
Change -0,05
% Change 0
Cumulative volume 53654
Market cap 16.41bn

Last Updated: 30-01-2015 at 04:16. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Rainbow Chicken in bid to raise R3.9bn

Rainbow Chicken strike continues

Foodcorp fined R88m for price-fixing

Rainbow's earnings, profit slow

Govt wants probe into chicken farm death

How to invest in food

 

Johannesburg - Shares of Rainbow Chicken [JSE:RBW] fell more than 6% after the company said it would pay $14.25m in cash for Zambian Zambeef's 49% stake in Zam Chick.

Zambeef is a major player in Zambia's agri-business market and Zam Chick manages and operates its chicken broiler business.

Rainbow Chicken shares were down 3.06% at R15.53 at 07:44 GMT after earlier falling more than 6% to a low of R15.  

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

rainbow chicken

NEXT ON FIN24X

 

Latest Articles

Fun and inexpensive things to do with the kids Read More...
8 simple ways to earn extra money Read More...
6 motivational tips to help you save this year Read More...
Invest for Income Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...