• Future imperfect

    A lack of compassion with ordinary people is crucial to SA’s failures, says Mandi Smallhorne.

  • Will Gordhan be fired?

    An economist ponders the top question concerning those who control international capital flows.

  • Terry Bell's Inside Labour

    The economic policy pendulum seems to be swinging away from laissez-faire to regulation.

All data is delayed
See More

Rainbow Chicken buys stake in Zam Chick

Feb 04 2013 11:19

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



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
Comments have been closed for this article.

Company Snapshot

Money Clinic

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

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote