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Tiger Brands in acquisition talks

May 07 2012 15:58 I-Net Bridge

Company Data

TIGER BRANDS LIMITED [JSE:TBS]

Last traded 311.00
Change 1.91
% Change 0.01
Cumulative volume 108711
Market cap 59.68bn

Last Updated: 31/07/2014 at 04:24. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Tiger Brands [JSE:TBS] disclosed on Monday that it is in talks with Dangote Industries Limited in respect of its shareholding in Dangote Flour Mills (DFM).

DFM is a leading company in the Nigerian flour and pasta markets.

"Any developments will be reported to shareholders in due course.

"Shareholders are advised to exercise caution in dealing in Tiger Brands shares until a further announcement is released," the consumer goods group said.
tiger brands  |  dangote industries
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