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NSSA’s Dairibord stake purchase clouds Varun Beverages takeover

Source: New Zimbabwe · 2026-11-11T03:55:03.000Z · World

NSSA’s Dairibord stake purchase clouds Varun Beverages takeover

The proposed takeover of Dairibord Holdings by Indian beverage giant Varun Beverages has been thrown into uncertainty after the National Social Security Authority (NSSA) acquired an 8.5% stake in the dairy processor from the Equivest Asset Management consortium. NSSA paid more than US$7 million for the shares, according to its general manager, Dr Charles Shava, […] The post NSSA’s Dairibord stake purchase clouds Varun Beverages takeover appeared first on NewZimbabwe.com .

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