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October 12, 2009

Other BEE deals in the food sector

Pioneer Foods introduced black empowerment shareholding to the company in 2006 through the establishment of a trust for employees of South African subsidiaries of the group.



In terms of the empowerment transaction, employees control 10 percent of the voting rights in Pioneer Foods.

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Posted by StaffWriter at October 12, 2009 10:04 AM

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