Bidvest Drops Offer for Capespan Shares, Financial Mail Says

Bidvest Group Ltd. (BVT) abandoned a bid to acquire a 15 percent stake in Capespan Group Ltd., the Financial Mail reported.

The South African industrial company dropped its bid for shares of the nation’s largest fruit exporter this month, the Johannesburg-based weekly magazine reported, without saying where it got the information.

To contact the reporter on this story: Andres R. Martinez in Johannesburg at amartinez28@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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