JSE food groups: still ripe for the picking
JSE food groups such as Libstar, AVI, RCL and Brait’s soon-to-be listed Premier could be where the deals are at this year
20 January 2022 - 05:00
The JSE’s food sector desperately needs some spicing up — and what better way to bring out fuller flavour in these counters than a full course of corporate action?
Food and beverage heavyweight PepsiCo completed its premium-priced buyout of Stellenbosch-based Pioneer Foods about two years ago. Back then, market watchers were mulling other similar juicy deals, perhaps involving Pioneer’s sprawling brands portfolio...
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