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Tiger Brands Withdraws Financial Support to Loss-Making Dangote Flour Mills
Nov 19, 2015South African food firm Tiger Brands has withdrawn its financial support to its Nigerian arm Dangote Flour Mills (DFM), after it launched a review of its investment in the pasta and flour maker, which is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
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Asics America Sees Third Consecutive Quarter of Strong Growth
Nov 10, 2015Asics America Group, which includes the United States, Canada, Mexico and Brazil, reported that net sales increased by 3 percent in the third quarter of 2015 and grew 8.5 percent on a currency-neutral basis. Asics America Corporation, which ...
Tags: Asics America, wrestling, beach volleyball
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Tiger Brands Has Reported Higher Annual Profits as Improved Earnings
Dec 11, 2012South African consumer goods group Tiger Brands has reported higher annual profits as improved earnings from its international markets offset challenging conditions at home. Tiger said operating income from its export markets "more than ...
Tags: Tiger Brands, Export Markets, consumer goods
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Tiger Brands Is Planning to Buy off The Other Minority Shareholders in The Company
Dec 5, 2012South 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
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Tiger Brands Announced That It Was Holding Negotiations with Dangote Industries
Nov 30, 2012South 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 ...
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