Anchor’s delisting gets overwhelming go- ahead
Shareholders who do not want to sell their stock can still hold shares in the private company
17 December 2020 - 15:24
Shareholders of private investment firm Anchor Capital voted in favour of a decision to buy out minority shareholders and delist from the JSE, on Thursday.
The firm, which held its AGM on Thursday, announced on November 13 its intention to go private and offer shareholders R4.25 a share — 7.59% higher than the closing price the day before and about 50c higher than the month average R3.75 before the offer...
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