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/PRNewswire/ -- The global kombucha market size is estimated to grow by USD 46.93 billion from 2023 to 2027, according to Technavio. The market is estimated to...
South Africa's Wilson Bayly Holmes-Ovcon Ltd (WBHO) said a potential sale of its 88% stake in Australian construction firm Probuild would not proceed after Australia rejected it citing concerns about national security.
* Buyer reported to be China State Construction Engineering Corp * Would be 2nd move to clock Chinese buyouts since 2020 (Recasts on reported Chinese buyer, writes through) SYDNEY, Jan 12 (Reuters) - Australia blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, local media reported, a sign that tensions between the trading partners remain elevated. The majority owner of Probuild, South Africa’s Wilson Bayly Holmes-Ovcon Ltd (WBHO), said in a Johannesburg stock market filing late Monday that â...