Exiting Clover deal costs Brimstone R55m
The investment firm reports a R84.3m loss in the six months ended June 30
02 September 2019 - 20:34
Brimstone’s decision to exit the consortium that wants to buy Clover has come back to hurt the black-owned investment firm as the decision was one of the factors behind its loss in the six months to end-June.
The company reported a loss of R84.3m, an improvement from a loss of R227.1m in the prior period...
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