In a busier day for corporate news, Sun International said it would net R275 million in cash from a deal to mostly exit its Nigerian interests. Oceana leapt after its trading update, while the JSE pressed ahead with its plans for a more attractive listing environment. In international news, Norway's sovereign wealth fund, the world's largest, is faring rather well.said on Thursday it had inked a deal to sell 43.3% of its 49.
There was also a pleasing Lucky Star result following improved canned food sales volumes delivered in the month of March, it added, though the overall performance was moderated by lower Wild Caught Seafood sales volumes. Oceana also owns as Daybrook in the US, which produces fishmeal and fish oil. It exports hake, lobster, squid and horse mackerel under the Blue Continent brand and generated about R364 million in headline earnings for its 2023 half-year.
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