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NewsDay Zimbabwe·2 min read·medium

Three Dairibord shareholders mull sale of controlling stake to unnamed buyer

V
Valentine Maya
Three Dairibord shareholders mull sale of controlling stake to unnamed buyer
AI Summary

Three major shareholders of Dairibord Holdings are negotiating the sale of a 51% controlling stake to an unnamed buyer. This move coincides with the company's planned delisting from the Zimbabwe Stock Exchange and migration to the Victoria Falls Stock Exchange.

HARARE - Three shareholders with a combined stake of 51% in Dairibord Holdings Limited have reportedly entered negotiations with an unnamed third party for sale of their shares in Zimbabwe's largest dairy and beverages group, the company said in a cautionary statement released at the weekend.

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