TFG shareholders have almost unanimously approved a R3.95bn rights offer at R41.90 per share, representing a discount of more than a third.
The price represents a 40.6% discount to the prevailing 30-day, volume-weighted average price of TFG shares as of Wednesday’s close.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As load-shedding returns, it’s now or never for EskomAs for TFG, just who is zooming who on its Jet stores deal?
Source: BDliveSA - 🏆 12. / 63 Read more »
TFG’s bid for Edcon’s Jet stores is astute move in cash-strapped SATFG’s interest in Jet stores suggests Covid-19 is about to fuel the growth of SA’s value retail market
Source: BDliveSA - 🏆 12. / 63 Read more »
Arctic spill spurs call for Norilsk Nickel management shake-upRusal, the main shareholder, ‘seriously’ questions the competence and suitability of management
Source: BDliveSA - 🏆 12. / 63 Read more »
MICHAEL FRIDJHON: Red wines to warm your heart this winterA variety of local products hit all the right notes — at just the right price
Source: BDliveSA - 🏆 12. / 63 Read more »
LETTER: Eskom outages: future lies in regional gridThe Southern African Power Pool offers an important route towards addressing SA’s load-shedding
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: City_Press - 🏆 7. / 72 Read more »