CSG Holdings could join JSE exodus after ARC offer
Proposal includes buying the remaining shares in the company through a general offer to shareholders
Services group CSG Holdings could be delisted from the JSE after the Patrice Motsepe-backed ARC Fund proposed buying its remaining shares.
CSG could join a long list of companies that have left the operator of Africa’s biggest stock exchange over the past five years. The potential delisting comes as the JSE, led by Leila Fourie, beefs up efforts to attract new business to the exchange, which has about 327 listings compared with 811 in 1999. ..