Third bidder emerges for Tongaat Hulett
Mozambican group RGS submits bid almost double that of preferred buyer Kagera.
Source: timeslive.co.za
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Illovo enters Tongaat fray
The race to rescue embattled sugar group Tongaat Hulett, on which more than 25,000 people rely for their livelihoods, is intensifying as the owner of Illovo has stepped into the bidding fray.
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Source: timeslive.co.za
Failed bidder wants second bite at sugar plant
Terris Consortium is challenging the decision to approve Tanzania’s Kagera as winning bidder for Tongaat.
Source: timeslive.co.za