TSL snaps up Nampak’s 51.43% shares

….deal awaits shareholders’ approval

CLOUDINE MATOLA Tobacco Sales Limited (TSL), a publicly traded agro-business firm and Nampak Southern Africa Holdings Limited, have struck a deal wherein TSL would pay US$25m to acquire a 51.43% stake in Nampak Zimbabwe, Business Times can report. This was confirmed by TSL company secretary Fadzayi Pedzisayi. According to her, the two companies are now…

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