Bidvest appoints Barclays, Investec to look at London listing - CNBC Africa

Bidvest appoints Barclays, Investec to look at London listing

Financial

by Reuters 0

Bidvest appointed Barclays & Investec as advisers for a possible listing of its food business on the London Stock Exchange. PHOTO: Spartan

Bidvest's diverse operations from auto showrooms to shipping and office furniture make it South Africa's second-biggest company by sales but it has long acknowledged the need to separate its food business from the rest of the group.

"Shareholders will be kept abreast of any further developments following conclusion of review by banks," it said in a statement.

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