"Tea and coffee without any biscuits? That’s not a very attractive proposition," is how Sasfin senior equity analyst Alec Abraham views the prospect of AVI selling its snacks and biscuit business to Oreo cookie-maker Mondelez International.

Abraham pretty much summed up the almost total lack of enthusiasm for a possible deal within the SA investment community...

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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now