In 2016, the PIC funded Jayendra Naidoo’s company Lancaster to buy shares in Steinhoff. The loan was for R9.4 billion to buy a 2.75% stake in the company.
Since Steinhoff’s troubles, the shares are trading at below R2 a share compared to the R98 per share at the time of purchase. Within a year of PIC’s participation in the Lancaster 101 transaction, the share price of Steinhoff began to decline.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
And ..... that other company ...
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
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مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
Political formations interfered in botched Sagarmatha deal, says PIC company secretaryBongani Mathebula says an attachment alleged to be from Kopano ke Matla endorsing the deal was sent to her from Iqbal Survé’s e-mail address
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »