Market Moves. Tiger Brands to Offload Entire Oceana Shareholding

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South African food group, Tiger Brands, announced this week that it was divesting itself of its entire shareholding in Oceana.

The decision to unbundle the Oceana shareholding followed the completion of a review by the Board and management of Tiger Brands of the Company’s investment in Oceana. This was in line with a 2017 strategic review of Tiger Brands’ core business activities as a manufacturer of branded food, home and personal care products.

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