Oceana, with its partner Ulwandle Fishing, is to buy Foodcorp’s fishing division for R445m.

Oceana, with its partner Ulwandle Fishing, is to buy Foodcorp’s fishing division for R445m. The transaction is in line with Oceana’s strategy to gain additional fishing rights and pursue growth in its existing businesses. Oceana will hold a 75% share in the venture and Ulwandle will hold the balance. continued @ Bizcommunity.com