Vunani proposes unbundling private equity business
If it goes ahead, the move is intended to free up shareholder value and make a better investment case
06 August 2020 - 20:05
Diversified financial services group Vunani is considering unbundling its private equity business and listing it separately, in a bid to improve transparency in its financial reporting, it said on Thursday.
“The transaction, if implemented, will result in Vunani being a focused financial services company, with a clear investment case, vision and purpose and which the board believes will be better understood by the market,” Vunani said in a shareholder statement...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.