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Two family-owned business entities have joined forces to invest in a third family-controlled entity, which, assuming all boxes are ticked, will delist from the JSE before mid-year.
‘It's very important not to fall in love with businesses straight away. You need a long courtship if you're going to buy something or understand a business’: David Shapiro of Sasfin Wealth.
If approved, Old Mutual’s Private Equity business would walk away with brands like Sportsmans Warehouse, Chill Beverages and Candi & Co, in addition to Sorbet.
Shares in Long4Life, the company owned by entrepreneur Bidvest founder Brian Joffe, soared in trade on Friday (3 December), on news of a multi-billion rand…
The R5.80 per share offer is about a 20% discount to Long4Life's net asset value per share at the end of August