Johannesburg - Shares of packaging firm Nampak gain more than 2 percent in early trade after it announces acquisition of a Nigerian beverage can plant and an option to acquire a rigid plastic facility in the same country.
The deal will cost it $301 million, it says.
Nampak is also evaluating the purchase of another plant in Angola.
Its shares are up 2.3 percent at 31.45 rand, compared with a 0.3 percent rise by the All-share index. - Reuters