Tongaat Hulett to Sell All South African Assets to Vision Sugar South Africa

Tongaat Hulett, the troubled South African sugar producer, has announced that it will sell all its assets and operating businesses in South Africa to Vision Sugar South Africa, a subsidiary of Vision Investments. The deal comes as part of the company’s business rescue plan and marks a critical move to address its financial distress. Key … Continue reading Tongaat Hulett to Sell All South African Assets to Vision Sugar South Africa