Transaction Capital aims to list WeBuyCars on JSE
The majority owner of the car seller could face trouble with lenders if SA Taxi misses debt repayments
30 January 2024 - 20:46
UPDATED 31 January 2024 - 13:04
Transaction Capital has announced it is pursuing the unbundling of WeBuyCars and aims to list the used-car seller separately on the stock exchange.
SA Taxi lost R3.8bn in the 2023 financial year, resulting in the overall group recording a R700m loss. This is compared with a R1.6bn profit in the prior year...
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