Tag: Milco

SA’s Clover receives R4 bn buyout offer

Clover will soon be no more as we know it. Milco is set to take it up with an offer of R25 per share, valuing the company’s equity at over R4-billion. Aran Oelsner, CEO, CBC Group International joins CNBC Africa for more.

South Africa’s Clover Industries receives $359m buyout offer, share price rallies

Feb 4 (Reuters) - Consumer goods firm Clover Industries share price rallied 19 per cent to R23.80 on Monday after receiving a 4.8 billion rand ($358.99 million) buyout offer from...