Shares in South Africa’s BidCorp opens at 270 rand after Bidvest spin off




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JOHANNESBURG  – Bidvest on separately listed its food business as Bid Corporation (BidCorp) on Johannesburg Securities Exchange.

in BidCorp started trading at 270 rand, valuing the new company at around 90 rand ($5 billion).

($1 = 15.7968 rand)(Reuters)