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Elders divests

Elders IXL, Ltd, has divested its remaining investments in South Africa as at June 30, 1987. The investments comprised a 50 per cent shareholding in South African Breweries Hop Farms (Pty), Ltd, a hop growing and processing company which has been sold to joint venture partner, South African Breweries, Ltd, and a 50 per cent shareholding in Western Province Preserving Co. (Pty), Ltd, a pineapple farming and processing company, which, together with other trading activities, has been sold to Northern Industrial Finance Company BV in the Netherlands.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19870724.2.112.16

Bibliographic details

Press, 24 July 1987, Page 20

Word Count
89

Elders divests Press, 24 July 1987, Page 20

Elders divests Press, 24 July 1987, Page 20