South African dairy firm Clover shares fall as buyout offer thrown into doubt
JOHANNESBURG, Feb 7 (Reuters) - Shares in South African
dairy firm Clover fell 3.7 percent on Thursday after
Brimstone Investment Corporation said it would review
its role in a potential buyout of the company.
Brimstone, a minority partner in a consortium that offered
4.8 billion rand for Clover earlier this week, said it would
revisit its position after opposition from a boycott and
divestment group to the participation of an Israeli firm.
(Reporting by Emma Rumney; Editing by Jan Harvey)
First Published: 2019-02-07 11:42:27
Updated 2019-02-07 11:51:51
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