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SOUTH AFRICA

No dividend from Famous Brands as acquisitions send interest bill soaring

Famous Brands shareholders will receive no dividend for its 2017 financial year as it digests a string of acquisitions...

By Robert Laing 30 May 2017

SOUTH AFRICA

Famous Brands acquires 100% of Gourmet Burger Kitchen, "the biggest deal the group has ever concluded"

Subject to approval from the South African Reserve Bank, in terms of Exchange Control Regulations, Famous Brands has acquired 100% of UK-based Gourmet Burger Kitchen for £120m (approximately R2.1bn)...

2 Sep 2016