The investment ushers in a new era for the listed giant where risk is spread across units as compared to the current situation where ART’s battery manufacturing unit Chloride is carrying the group, accounting for 70% of annual revenue.
BY TAURAI MANGUDHLA ART Corporation has lined up an aggressive restructuring plan to reposition the quoted conglomerate into a powerhouse across product ranges, with a big say on the foreign currency spinning regional markets, Standardbusiness heard on Friday. Chief finance officer (CFO) Abisai Chingwecha, said after swooping on tissue products manufacturer, Softex early this year, […]
BY TAURAI MANGUDHLA ART Corporation has lined up an aggressive restructuring plan to reposition the quoted conglomerate into a powerhouse across product ranges, with a big say on the foreign currency spinning regional markets, Standardbusiness heard on Friday. Chief finance officer (CFO) Abisai Chingwecha, said after swooping on tissue products manufacturer, Softex early this year, […]