Zimbabwe: Sale of Dairibord Malawi Unit Hits Snag
The Herald (Harare), 25 April 2012
DAIRIBORD Zimbabwe Holdings says plans to dispose of financially hamstrung Malawian subsidiary Mulanje Peak Foods have stalled as potential investors are struggling to raise funding for a deposit. DZHL controls Mulanje Peak Foods through its 68 percent stake in Dairibord Malawi. It is in the process of selling the assets of Mulanje Peak Foods, a fruit and vegetable canning company.