Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Barry Callebaut AG (PinkSheets:BYCBF) Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
* Tiger Brands Limited of South Africa to buy Chococam, Cameroon, in line with its African expansion strategy * Transaction will allow Barry Callebaut to focus on cocoa sourcing and cocoa processing in Africa * Barry Callebaut remains committed to Cameroon through its subsidiary SIC Cacaos
Johannesburg/RSA, Douala/Cameroon, Zurich/Switzerland, July 24, 2008 - Tiger Brands Limited, South Africa's leading branded food and healthcare company, announced today its intention to acquire 74.7% of the shares of consumer chocolate manufacturer Chococam in Cameroon from Barry Callebaut, the world's leading manufacturer of high-quality cocoa and chocolate products. The remaining 25.3% of the shares are held by a number of small private shareholders.
Contacts
Tiger Brands
For investors and financial for the media: analysts: Michael Fleming, Jimmy Manyi Chief Financial Officer, Tiger Group Executive Corporate Affairs Brands 3010 William Nicol Drive, Bryanston, Republic of South Africa Phone: +27 11 840 4000 Phone: +27 11 840-4446 michael.fleming@tigerbrands.com jimmy.manyi@tigerbrands.com
Barry Callebaut for investors and financial for the media outside Africa: analysts: Simone Lalive d'Epinay, Head of IR Gaby Tschofen, VP Corp.Communications Barry Callebaut AG, Zurich, Barry Callebaut AG, Zurich, Switzerland Switzerland Phone: +41 43 204 04 23 Phone: +41 43 204 04 60 simone_lalive@barry-callebaut.com gaby_tschofen@barry-callebaut.com
for the media in Africa
Didier Buecher, Manager Barry Callebaut Africa c/o Chococam, Douala, Cameroon Phone: +237 33 37 54 86 didier_buecher@barry-callebaut.com
The news release can be downloaded from the following link:
--- End of Message ---
Barry Callebaut AG P.O. Box Zurich Switzerland
WKN: 914661; ISIN: CH0009002962; Index: SMCI, SPI, SPIEX; Listed: Main Market in SWX Swiss Exchange;
