CTC clears Delta’s move as it snaps up more stake in Schweppes
...also approves RTG’s Montclair acquisition without conditions
CLOUDINE MATOLA Zimbabwe’s competition watchdog, the Competition and Tariff Commission (CTC), has approved a major corporate transaction that sees Delta Corporation snap up a controlling stake in Schweppes Holdings Africa Limited, increasing its shareholding from 49% to 69%. The strategic move, effective April 1, 2025, gives Delta full control of the soft drinks producer and shifts Schweppes’ status from an associate to…
