Published 2 years ago

British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019 - The Standard

Summary by Ground News

Boustead Beef Zimbabwe claims in new documents that it assumed full control of the beef processor in 2019. Nicholas Havercroft, director of the British firm, claims in the papers that the deal also involved the acquisition of Wetblue Industries, a subsidiary of CSC for an undisclosed amount. CSC debt totalling US$33 million was bought by Boustead Beef UK for only US$330 072.

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British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019 - The Standard

The document, which is dated April 8, 2019 reads: “Extract of minutes of a board meeting held at Harare, Zimbabwe on Monday, 8 April 2019. It was agreed that after the acquisition of the Cold Storage Company Zimbabwe and its subsidiary Wetblue Industries Pvt Ltd by Boustead Beef Zimbabwe Pvt Ltd, that the subsidiary be removed from judicial management”.The post British investor makes new claim over CSC . . . Boustead says it took over full contr…

2 years ago

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British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019 - The Standard

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British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019 - The Standard

British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019 - The Standard

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