Zambeef Product (GB:ZAM) has released an update.
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Zambeef Products PLC, a major player in the integrated cold chain foods and retail sectors in Zambia and West Africa, has addressed speculation regarding the potential sale of its Chiawa Farm Estate. The company confirmed that while the state-owned IDC Limited is conducting due diligence, no sale has occurred. Should an offer be accepted, Zambeef has committed to transparently communicating with shareholders and seeking necessary approvals.
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