Total Produce is to sell its 25.3 per cent shareholding in Capespan Group to Zeder Financial Services for €22 million in cash.
The disposal follows the receipt of an offer from Zeder and a strategic review of the long term benefits of holding a minority stake, the Irish fresh produce company said.
Total Produce had been the second largest shareholder in Capespan Group since January 2012 when it sold its separate 50 per cent shareholding in...
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