The proposed merger of BEE property funds Delta and Rebosis will be delayed by at least a month while the two finalise a plan meant to help their respective businesses survive.
The companies, which have each seen their share prices lose about 90% of their value in 2019, announced on August 6 that they were in talks to combine forces and tackle a weak economic environment, poor vacancies and high debt levels, but they have not released any details on their proposed marriage yet.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: