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Innscor to transfer $27m assets

HARARE – Diversified conglomerate, Innscor Africa Limited (Innscor), says it will transfer assets valued at nearly $27 million into the group’s newly-unbundled Quick Service Restaurants (QSR) — Simbisa. The group’s chief finance officer, John Koumides, told shareholders attending Innscor’s extra-ordinary general meeting (EGM) in the capital on Monday that Simbisa’s unbundling was part of a…

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