Could Zeda hit unbundling heights despite early market snub?

The market has given car rental and leasing group Zeda, which owns the Avis and Budget brands, a hard ride since it was unbundled from industrial conglomerate Barloworld in mid-December.

Market watchers have suggested some large asset managers that are shareholders in Barloworld might have dumped the unbundled shares as Zeda might be deemed too small for existing investment mandates. Recent Sens announcements have confirmed that major Barloworld shareholders Zahid Tractor & Heavy Machinery and Silchester International remain anchor shareholders in Zeda.

Bytes , Astral and Spar as well as MiX Telematics have all blossomed into more substantial entities after their respective unbundlings. The Barloworld and Zeda boards believed the long-term prospects of both companies would be enhanced by their being separately listed.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Zeda could hit Montauk’s unbundling heights despite market snubTourism resurgence may have a major bearing on the valuation of the car rental and leasing group
منبع: BDliveSA - 🏆 12. / 63 ادامه مطلب »

Dubai ends alcohol tax to boost business, tourismDubai kicked off the new year by scrapping a 30% tax on alcohol sales and making liquor licences free in an apparent move to bolster its status as the Middle East’s leading business and tourism hub. GovernmentZA jonga abanye abantwana benzani. PresidencyZA CyrilRamaphosa
منبع: SundayTimesZA - 🏆 47. / 51 ادامه مطلب »

This is how attracting Chinese tourists can help SA industry recover, suggests hospitality expert | BusinessChina is about to reopen its borders, and now is the time for SA's tourism industry to capture this lucrative market, says the national chair of hospitality industry body, Fedhasa. | News24_Business _Business Opening which door ? Tourists or virus carriers? But because we always have our hand out begging for a handout, we'll sacrifice the country's health for pennies. Wonder if they would open their borders for us if we had increased numbers? ImNotFighting _Business And to open another covid pandemic _Business Wit dis new corona variant ne
منبع: News24 - 🏆 4. / 80 ادامه مطلب »

Bloem business booming amid ANC January 8 celebrationsFree State Gambling, Liquor and Tourism Authority CEO Kenny Dichabe says that hotels and other accommodation in Mangaung were fully booked for the ANC's January 8 celebrations - a major boost for the local economy.
منبع: ewnupdates - 🏆 30. / 53 ادامه مطلب »