Associated British Foods has announced the completion of its acquisition of a 51% stake in Illovo Sugar, South Africa’s leading sugar producer.
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The total cost of the purchase was GBP286m (US$544.97m).
SOUTH AFRICA: AB Foods completes Illovo acquisition
Associated British Foods has announced the completion of its acquisition of a 51% stake in Illovo Sugar, South Africa’s leading sugar producer.
September 4, 2006
