Zambian Court Voids Sadot Group Farmland Agreements
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Sadot Group Inc. lost control of 5,000 acres of farmland in Mkushi, Zambia, after the High Court for Zambia ruled agreements with Cropit Farming Limited invalid. The farmland, acquired in August 2023, will revert from Sadot Group’s possession. Sadot LLC must cover Cropit’s litigation costs. The court dismissed Cropit’s monetary claims and Sadot’s counterclaims. Sadot Group is assessing the financial and operational impact.
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