Premier Group has announced plans to acquire fellow South African food producer RFG Holdings in a share-swap deal. RFG shareholders will collectively hold about 22.5% of the expanded Premier Group, a joint statement confirmed today (16 October). Owners of RFG stock will get one Premier share for every seven they hold. This offer equates to a 35.6% premium over the closing prices and a 37.5% premium above the 30-day volume-weighted average prices for Premier and RFG shares as of 14 October. The swap rat ...