Retail property group Resilient plans mandatory offer for Lighthouse

Retail property group Resilient plans mandatory offer for Lighthouse

2021-05-16 10:50:00 PM

Retail property group Resilient plans mandatory offer for Lighthouse

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16 May 2021 - 16:53ALISTAIR ANDERSONRetail specialist property group Resilient said on Friday it will make a mandatory offer to the shareholders of Lighthouse Capital, the group formerly known as Greenbay Properties.Resilient is listed on the JSE while Lighthouse is listed on the stock exchange of Mauritius. Both companies used to have cross-shareholdings. Lighthouse was formed by former and current Resilient directors...

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Merger between Resilient and Lighthouse in the offingInvestors will be in pound seat when Resilient makes mandatory offer for the rest of Lighthouse

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