Illovo Deal
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Illovo Deal refers to the 2001 sale of large areas of agricultural land in Mauritius, with involvement of the State.[1] In the local Mauritian press it s sometimes also known as the Ilovo Deal or Deal Ilovo.[2][3]
The origins of the Illovo Deal date back to 1998 when multi-national corporation Lonrho sold its sugar estates and its 3 sugar factories in Mauritius to Illovo, the South African sugar conglomerate. A few years later in 2001 the Illovo group sold off these assets through the Illovo deal to private companies and para-statal bodies.[4][5][6][7]