21 Jul Clover’s R4.8bn deal gets Competition Commission nod
The Competition Commission has approved, with conditions, the R4.8bn sale of branded food-bev group, Clover Industries, to a consortium led by Tel Aviv-based Central Bottling Company.
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04 Feb Israeli food group offers R4.8bn for Clover
After four months of speculation, a consortium called Milco is offering Clover shareholders R25 per share - a 25% premium to Friday’s R20 closing price and valuing Clover at R4.8bn - and, if approved, will delist it from the JSE.