famous brands ltd
(FBR:Johannesburg Stock Exchange)
Transactions by FAMOUS BRANDS LTD (FBR) in the last 6 months
Famous Brands Ltd. (JSE:FBR) agreed to acquire 75% stake in Cater Chain Food Services on December 8, 2014. The purchase consideration will be settled from cash reserves. Post acquisition, Cater Chain’s senior management team will be retained. The transaction is subject to Competition Commission approval. As of March 16, 2015, the transaction was approved by the Competition Commission.
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