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South Africa's Tiger Brands unsure of listeria class action costs

by Reuters
Monday, 19 March 2018 16:52 GMT

JOHANNESBURG, March 19 (Reuters) - South Africa's Tiger Brands has not calculated the potential financial impact of class action suits following the outbreak of listeria at its factories which has resulted in 180 deaths since January 2017, its chief financial officer said on Monday.

"At this stage doing the calculations has been something that hasn't been something that has preoccupied management," Noel Doyle told Radio 702, adding that Tiger Brands was working "flat out" to find the source of the outbreak.

Tiger Brands said earlier it has received notice of two class action suits against it, with the total amount claimed estimated at 425 million rand ($35 million). ($1 = 12.0415 rand) (Reporting by Mfuneko Toyana Editing by Alexander Smith)

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