Hosken to sell dairy stake

HOSKEN Consolidated Investments Ltd plans to sell its 35percent stake in dairy producer Clover for R337,4million.

HOSKEN Consolidated Investments Ltd plans to sell its 35percent stake in dairy producer Clover for R337,4million.

HCI, which owns stakes in gaming group Tsogo Sun and free-to-air television channel e-TV, will sell the stake back to the maker of dairy products of the same name.

"HCI believes it would be opportune to realise its investment in Clover," the company said. - Reuters and I-Net Bridge

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