Wiese is right in trying to unlock value at Brait
Timing of Sibanye-Stillwater’s restructuring of the former Lonmin assets now under its control is intriguing
All in all Christo Wiese appears to have been remarkably patient with the Brait management team considering its less-than-impressive track record.
As recently as November 2018 the heavily indebted, low cash-generating investment company was still talking about undertaking a new phase of acquisitions. No doubt the management was hoping the operating environment would recover to the glory days of 2015.