South African food firm Tiger Brands has withdrawn its financial support to its Nigerian arm Dangote Flour Mills (DFM), after it launched a review of its investment in the pasta and flour maker, which is struggling with losses. Tiger ...
Tags: pasta, flour, Flour Mills
South African food company Tiger Brands,which acquired 63.3%stake in Dangote Flour Mills,is planning to buy off the other minority shareholders in the company. In September 2012,Dangote Industries completed the sale of its 63.3%in Dangote ...
Tags: acquire, stake, shareholders, flour
South African food company Tiger Brands has agreed to acquire 63.4% stake in Dangote Flour Mills, a leading manufacturer of pasta and flour in Nigeria, from Dangote Industries. Tiger Brands announced in May 2012 that it was holding ...