Brimstone Investment Corporation will exit a deal led by an Israeli company to buy a stake in South Africa’s biggest dairy producer after protests by a pro-Palestinian activist group. The investment holding firm is in “advanced talks” with a replacement shareholder that could see it exiting its entire shareholding in Milco SA – the entity that has offered R4.8-billion to buy Clover Industries – by the end of the year, it said in a statement Friday.
Brimstone to exit Clover deal on anti-Israel pressure
2019-04-12T08:30:37+01:00April 12th, 2019|