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Nairaland Forum / Nairaland / General / Business / Uac Sells 49% Of Food Division To S. Africa’s Tiger Brands? (637 Views)
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Uac Sells 49% Of Food Division To S. Africa’s Tiger Brands? by Laajman(m): 5:56pm On Nov 24, 2010 |
This is ridiculous. Why should we let SA buy such a large stake in one of our oldest, and most prosperous companies?? Would they return the favour? Would they allow us such latitude in their own country? Granted that its the world is a global village these days, there should be limitations. The recent story of how Canada blocked BHP's $40bb proposed acquisition of a Potash (a very large resource company)- is a case in point. Does our Government even have any clue?? This is depressing! |
Re: Uac Sells 49% Of Food Division To S. Africa’s Tiger Brands? by appetitto(m): 10:12pm On Nov 24, 2010 |
What difference does it make ? UAC used to be really big before. Now they are just a food company. Foreign ownership actually has some benefits too. Things can be made better if our leaders are proactive and people focussed |
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