RMH slumps as net asset value falls by double digits
RMB Holdings' strategy of focusing on property is starting to deliver for investors, but its shares fell more than 10% on Tuesday.
Source: news24.com
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RMH shareholders to get a large dividend
Proceeds of Atterbury Europe disposal and distribution of excess capital returns nearly R2bn to shareholders.
Source: moneyweb.co.za
RMH rejects R1.75 bn from Brightbridge and Fledge in bids to buy its property investment assets citing offers were too low
The RMH board said it had considered a number of factors in arriving at its view of the approaches.
Source: iol.co.za
Brightbridge seeks to acquire RMH's major property investments
RMB Holdings (RMH), after unbundling its investment in FirstRand last year, has received a R1.75 billion approach from Cyprus-based Brightbridge Real Estate to acquire its property investments held through RMH Property.
Source: iol.co.za
Cyprus-based Brightbridge wants to buy a huge chunk of RMH's assets
RMB Holdings says it was recently approached by Brightbridge Real Estate, which wants to buy R1.75 billion worth of its assets.
Source: news24.com