| Published Fri, July 27th 2018 at 11:30, Updated July 27th 2018 at 11:33 GMT +3US hog producer Seaboard Corporation will still seek to delist Unga Group despite failing to buy out minority shareholders in the Kenyan agro-processing firm, it said on Friday. ALSO READ: Seaboard Corporation fails to buy enough shares to seal Unga dealIn February, Seaboard offered to buy the 46.15 percent of Unga’s shares that are held by minority shareholders and listed on the Nairobi bourse in order to take the company private. But it did not meet its goal of buying out three quarters of the minority shareholders. Some of the listed shares are owned by a local group of investors via a vehicle called Victus Ltd, which supports Seaboard’s goal of buying out minority shareholders and delisting the firm. Subscribe to the Standard SMS service and receive factual, verified breaking news as it happens.

Source: Standard Digital July 27, 2018 08:26 UTC