Why Sun wants Peermont: Emperors vs GrandWest vs Monte
Despite the debt, Emperors Palace literally prints money …
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Despite the debt, Emperors Palace literally prints money …
While several listed and private businesses in South Africa make a great value proposition for investors looking to enter the South African market, the Competition Commission could put on ice some of the planned mergers and acquisitions if they lead to market dominance.
CEO Anthony Leeming rationalises the intended acquisition for R3bn-plus.
Group says the deal is a 'unique opportunity to acquire the world-class and highly cash-generative Peermont business'.
Sun International is pleased to announce the proposed acquisition of Peermont Holdings Proprietary Limited (‘Peermont’ or ‘Peermont Holdings’) (the ‘Proposed Transaction’)