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South African food company Tiger Brands has expanded its African stake by buying 63% of Dangote Flour Mills in Nigeria for approximately R1.5-billion - its third and largest deal so far in Africa's second-biggest economy.
South African consumer goods group Tiger Brands is to take over Davita, a South African foodstuffs manufacturer and exporter with a presence across Africa and the Middle East, for an estimated R1.3-billion.
South African consumer goods and foods group Tiger Brands has taken the next step in its African expansion strategy, with the announcement of two investments in Nigeria and one in Ethiopia.
South African consumer goods company Tiger Brands has announced a second black economic empowerment deal, under which it will sell a 10% stake in the company, worth about R2.8-billion, to strategic black partners, black managers and staff, and two trusts.
South Africa is a nation united in action. Tiger Brands has put the full weight of its brands behind the fight against hunger. Click arrow to play video.