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Zimbabwe: Cfi's Subsidiaries Placed Under Judicial Management

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[The Herald] CFI Holdings' key subsidiaries have been placed under provisional judicial management to allow for debt restructuring, re-organisation and recapitalisation of the entities. The High Court granted the order to have milling company Victoria Foods and stock feed producer Agrifoods placed under provisional judicial management last Wednesday. The two companies require about $12 million for recapitalisation. ......

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