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.
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