ZIMBABWE: CAPS SHAREHOLDERS AGREE TO WAIVE RIGHTS OFFER

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Giant pharmaceuticals group CAPS Holdings Limited shareholders approved the waiver of the company's pre-emptive rights to acquire Shreya Life Sciences stake in the former joint venture entity, CAPS Shreya, at their annual general meeting recently. This paved the way for another foreign investor to acquire the shareholding.

AllAfrica.com (http://allafrica.com/stories/200607130145.html)