Reunert gets defence boost; Citigroup hit for R1.4bn over 'fat finger' trades

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Business brief | Reunert gets defence boost; Citigroup hit for R1.4bn over 'fat finger' trades

In a busy day for corporate news, Anglo American got yet another BHP offer, and Pick n Pay seems to be making progress in its turnaround. Engineering and electronics group Reunert leapt after it reported growth in its profits, while Life Healthcare also fared well after it upped its dividend 12%. In international news, UK regulators have fined Citigroup about R1.4 billion for controls failings in its trading operations, one of the biggest sanctions for systems breaches.

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