Mozambican bidder pulls out after accusing Tongaat Hulett business rescue practitioners of 'bias'
Mozambican group RGS has pulled out of the race to acquire sugar group Tongaat Hulett.
Source: timeslive.co.za
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RGS slams 'rush' to hold Tongaat meeting
The Mozambican company, which is hoping to buy Tongaat, says the business rescue practitioners want to hold a key creditors meeting by the end of the week.
Source: timeslive.co.za