Tiger Brands in acquisition talks
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
"Shareholders are advised to exercise caution in dealing in
Tiger Brands shares until a further announcement is released," the
consumer goods group said.