A PYMNTS Company

Zambia: Poultry mergers approved by regulators

By  |  May 6, 2013
Zambia: Poultry mergers approved by regulators

Regulators within Zambia have given the green light for two proposed mergers within the nation’s poultry industry. The Competition and Consumer Protection Commission’s Board of Commissioners has approved for Bokomo Zambia Limited and Mega Eggs Limited to merge, as well as for Zamchick Limited and Rainbow Chickens Limited, based in South Africa, to merge. The first deal will see Bokomo Zambia buy more than 49 percent in Zamchick Limited for $14.25 million. The second as approved as Rainbow does not operate within Zambia; additionally, Zamchick only controls about 10 percent of the nation’s poultry market.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: The Times of Zambia

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.