Zambeef Products sells farm in Zimbabwe to Chenguang Biotech for $10m

Tue, 17th Sep 2019

Africa-focused cold-chain food processing and retailing group Zambeef Products said it had sold its Sinazongwe farm in Zimbabwe to Chenguang Biotech for $10m. Zambeef said the sale was in line with its strategy of selling low-performing or non-core assets and lowering its debt. At 1:10pm: (LON:ZAM) Zambeef Products PLC share price was +1p at 6p Story provided by StockMarketWire.com

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