PIONEER FOODS
PepsiCo deal shows BEE does not faze investors, says Ebrahim Patel
09 March 2020 - 05:10
US multinational PepsiCo’s R26bn purchase of Pioneer Foods is proof that SA can attract foreign direct investment while ensuring workers are given greater ownership of the economy, trade & industry minister Ebrahim Patel said on Sunday.
The finalisation of the transaction launched in July 2019 comes as the local economy tipped into recession...
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