Business
Statement re Illovo Sugar Limited
Statement re Illovo Sugar Limited.
About this update from Associated British Foods Plc
[{"type":"text","content":"\n \nRNS Number : 4055O Associated British Foods PLC 08 February 2016 \n\nAssociated British Foods plc\n \nAnnouncement regarding Illovo Sugar Limited\n \n \nFor immediate release 8 February 2016\n \nShareholders are referred to the announcement released today by Illovo Sugar Limited (\"Illovo\"), Associated British Foods plc (\"ABF\") 51.35% held subsidiary, whereby it confirms ABF has made a non-binding expression of interest to Illovo, to potentially acquire all the remaining issued ordinary shares of Illovo that ABF does not already own. ABF intends to make an offer of ZAR20 per Illovo ordinary share, to be settled in cash to all other shareholders.\n \nAt this stage there can be no certainty that the discussions will result in a transaction. A further announcement will be made in due course.\n \n \n \nFor further enquiries please contact:\n \nAssociated British Foods\nJohn Bason, Finance Director\nFlic Howard-Allen, Head of External Affairs\nTel: 020 7399 6500\n\nUK & International media\nCitigate Dewe Rogerson\nChris Barrie, Eleni Menikou\nTel: +44 20 7638 9571\n \nAfrican media\nAprio\nJulian Gwillim\nTel: +27 82 45 24 389\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCAKFDDQBKDDBK\n ","length":3052,"tagName":"div"}]