It might have surprised market watchers that activist investor Value Capital Partners — which has taken a nasty beating in some of its endeavours — has boldly made its eighth portfolio play.
VCP has confirmed taking a 5.28% stake in building supplies specialist Cashbuild, which is in the throes of acquiring Pepkor’s The Building Company .A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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