JSE-listed Clover has acquired a 51% stake in Frankie?s Olde Soft Drinks, resulting in the establishment of a new business, Clover Frankie?s. The new company would manufacture, sell, market and distribute a range of carbonated soft drinks, hot chocolate powder and lollies using the Clover and Frankie?s trademarks. Clover had the option to acquire the remaining issued share capital in future at a purchase price to be calculated using an already agreed formula. The transaction was in line with …