R4.6 BN

Finweek English Edition - - IN BRIEF -

The amount that Oceana of­fered to buy Louisian­abased Day­brook Fish­eries, a deal which would make Oceana the sixth-big­gest fish­ing com­pany in the world and re­duce its re­liance on SA for rev­enue. Oceana, in which Tiger Brands holds a key stake, said that fi­nanc­ing for the deal has al­ready been ar­ranged but that it plans a rights is­sue in Au­gust.

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