Alex Peral News Today

Shareholders challenging the Tongaat takeover by the Rudland family have temporarily blocked the transaction while allegations of improper conduct are probed - including whether Simon Rudland or his proxies have a stake in the company behind the takeover.

Who sits behind Magister Investments, the prospective new owner of the sugar giant? This mystery is now front and centre in a last-ditch battle by minority shareholders to block the controversial R2-billion deal. Who sits behind Magister Investments, the prospective new owner of the sugar giant...