Two activist shareholders in Safari Investments, which owns shopping centres in Gauteng and Swakopmund, say the company's board and management must stop using delay tactics to prevent it from being taken over by Community Property Company (Comprop). 

Unlisted group Comprop is trying to buy Safari for R1.8bn in cash but Safari's board has refused to discuss the offer with its shareholders. 

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now