Amb. Emmanuel Mwamba writes:
British state-owned enterprise takes over Zambeef ownership because of debt
Zambeef Update
British International Investment (BII) the British parastatal, takes over ZAMBEEF
After 16th September 2024 BII will own 58.7% of Zambeef becoming the majority shareholder. BII will now have significant voting power and influence over decisions at shareholder meetings.
If BII wanted to take Zambeef private, they could offer a premium above the market price to convince shareholders to sell their shares. Premiums in such transactions can range between 20% to 40%, depending on the circumstances.
At the current share price of 0.054 GBP, BII would spend less than £20m to acquire a company with an Enterprise Value approximately £165m.
Mwamba. The guy who enjoys with a glee everytime something goes bad for zambia
Bwamba last time you said HH7 is selling Chiyawa farm to the GRZ at an inflated price for his personal benefit because he was a shareholder in zambeef. What’s happened now???
The Ambassador of Lies at work with his Hyperbola that dont intersect at zero because Zero is fact or equal to fact and his assertions are the equations…..kikikiki
Now watch how the new shareholders will remove the Zambian excutives and bring in their own because of the noise that you Ambassador of lies have done.
Somethings are not checks or balances its just you Mwamba trying to be a “Smart Alec”…..
Chinto zaba nzako ziza sila….