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Tue,22Jan2019

acquisition

South Africa's Famous Brands buys British burger chain at lower price after Brexit

Photo©Chris Ratcliffe/AP/SIPASouth African fast food group Famous Brands bought Britain's Gourmet Burger Kitchen (GBK) for 2.1 billion rand ($143.3 million), saving nearly a fifth on the price due to the weaker pound in the wake of Brexit, the firm said on Thursday.

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South Africa's Tiger Brands to acquire Kenyan firm

South African food company Tiger Brands said on Tuesday it had agreed to buy a Kenyan firm, identified by a newspaper as milling and confectionery company Rafiki Mills, in a deal likely worth $25 million.

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Banking: AFG's desperate search for a buyer

altAbout a dozen candidates have shown their interest in taking over banking group AFG, but no negotiations have yet produced any concrete results.

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Company Profile: Afren

AfrenAn African energy minnow is slowly building up regional assets and expertise and has ambitions in liquefied natural gas

 

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