Dairibord eyes bigger dairy market share in Zimbabwe as its Dendairy bid rolls on

ZIMBABWE – Dairibord Holdings Limited (DHL) is still in pursuit of acquiring and merging with fellow Zambian dairy firm Dendairy Private Limited, with the former issuing its 10th cautionary statement indicating that discussions were still ongoing. The planned transaction, according to NewsDay was first announced in July 2020 with DHL seeking to leverage on Dendairy’s strategic investments into production of dairy products and its access to the regional market. “Shareholders are advised that Dairibord Holdings Limited is still in discussion with an unlisted entity Dendairy (Pvt) Ltd for a merger…

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