Choppies gets conditional approval for Kamoso takeover
Tuesday, April 18, 2023 | 5440 Views |
![Done deal: Some of the brands under Kamoso Africa PIC: KAMOSO.COM](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/04/18/70864.jpg&w=800&q=72&f=jpg&t=1)
Done deal: Some of the brands under Kamoso Africa PIC: KAMOSO.COM
The deal, whose value has not been publicly disclosed yet, grants CDC access to the Kamoso group’s well-known divisions such as Liquorama, Builders Mart, Mediland, Lemepe, Mont Catering and Refrigeration and others. CDC is an entity wholly owned by Choppies Enterprises Limited, the country’s largest supermarket chain with 100 stores offering fast-moving consumer goods, including bakery, butchery, fresh fruit and vegetables, as well as fast food.
CDC filed its merger request in late January and the CCA on Monday announced the conditional approval in a statement.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...