RCL proceeding with Rainbow unbundling as a standalone listed business
- June 4, 2024
- Infrastructure
- 0 Comments
JSE-listed consumer goods group RCL Foods has received approval from its directors to unbundle and separately list the Rainbow Chicken business on the JSE.
RCL first announced its intent to pursue a formal separation of its poultry operation in March, which would enable both businesses to pursue their respective growth ambitions.
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