Confectionery to soft drinks group Cadbury Schweppes has received clearance from South African competition authorities for the sale of its Bromor Foods subsidiary to Tiger Food Brands Limited.

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Cadbury originally announced the sale of Bromor in April. The deal is now expected to be completed on 1 August.


In 2004, Bromor’s revenue was ZAR767m (US$123.3m), and underlying profit from operations was ZAR72m.

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