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Botash share disposal to kick off

Revenue spinner: Botash enjoys strong market support in the region and beyond
Revenue spinner: Botash enjoys strong market support in the region and beyond

FRANCISTOWN: South African firm, Chlor-Alkali Holdings' (CAH) process to dispose of its 50% shareholding in Botash will start early in March, amid reports that various international suitors are interested in the equity, BusinessWeek has established.

CAH, a 100% subsidiary of the Bud Group, holds its equity in Botash alongside government which equally owns 50%. The SA firm announced plans to dispose of Botash shares late last year.

This week, sources told BusinessWeek that the process to dispose of the shares will officially begin next month after all the conditions of divestment have been set.

Editor's Comment
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