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14
Dec
2015
Tiger Brands to sell stake in Nigerian unit to Dangote IndustriesBy:CONSUMER GOODS South Africa's Tiger Brands said it would sell its 65.7% stake in its loss-making Nigerian division to Dangote Industries Limited for $1. Tiger Brands, South Africa's biggest consumer foods maker, said Dangote Industries will give Tiger Brands an immediate cash injection of R700-million.
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