PSG-controlled Zeder Investments has sold its shares in poultry group Quantum Foods to one of SA’s biggest producers of chicken, Country Bird, for R308m.

Zeder has held shares in Quantum Foods since it was unbundled from Pioneer Foods in 2014. The group said in a statement on Monday that it had disposed of its 61.6-million shares in Quantum Foods for R5 per share...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now