Omnicane Ltd. (MUSE:MTMD) agreed to acquire 25% stake in Kwale International Sugar Company for $20 million on December 19, 2012. Omnicane will complete the acquisition of 20% stake in December 2012 for $16 million and further acquisition of 5% stake in January 2013 for $4 million.
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- Omnicane Ltd. agreed to acquire 25% stake in Kwale International Sugar Company for $20 million.