by sundelbolong | Jun 5, 2020 | Business & Finance News
Sugar producer Tongaat Hulett on Friday rejected concerns raised by Barloworld over the profitability of its starch business, which Barloworld is in the process of buying for R5.3 billion. Tongaat’s chairperson, Louis von Zeuner, in a special general meeting...
by sundelbolong | Jun 4, 2020 | Business & Finance News
The proposed sale of Tongaat’s starch business to an entity owned by Barloworld appears to be on the line as the companies tussle over the conditions of the sale. Statements issued by both companies on Thursday afternoon indicate that the parties hold different...
by sundelbolong | May 12, 2020 | Business & Finance News
Shares in sugar producer Tongaat Hulett fell by nearly 17{e93887a69cdd95d753f466db084bbc3aa0067124675315461d28d68a72842cc2} on Tuesday morning following the announcement that the sale of its starch business to a subsidiary of Barloworld had hit a snag. Tongaat had...
