South African executive Fraser-Moleketi drives Tiger Brands’ $76 million Chococam exit
Tiger Brands, chaired by Geraldine Fraser-Moleketi, sells its 74.69% stake in Cameroon’s Chococam for $76 million, part of its global portfolio restructuring.
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Tiger Brands, chaired by Geraldine Fraser-Moleketi, sells its 74.69% stake in Cameroon’s Chococam for $76 million, part of its global portfolio restructuring.
This is part of the company’s ongoing efforts to streamline its operations and concentrate on its core business in the local market.
The deal is part of Tiger Brands’ efforts to refocus its operations and prioritize its core market in Southern Africa.