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Art, FNB deal pending

HARARE – Embattled Art Corporation (Art) says it expects to conclude negotiations with a new investor, reportedly South Africa (SA)-based First National Battery, before year end. The group’s chairperson Passmore Matupire said the deal, aimed at increasing the company’s battery-making subsidiaries Chloride Zimbabwe (Chloride) and Battery Express (BE)’s capacity and has been the subject of…

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