Oak & Saffron acquires stake in Presco

Oak and Saffron has concluded a transaction with Fimave to acquire 86.7 percent of its shareholding in SIAT group which in turn holds a 60 per cent stake in Presco Plc. Ope Oluwa, Research Analyst at Cordros joins CNBC Africa for an oil palm focus as we discuss the acquisition and the earnings forecasts for players in the industry and overall equities market sentiments.
Mon, 18 Mar 2024 14:26:33 GMT