Key shareholders agree in principle about Delta and Rebosis merger
Two black-owned real estate companies will create a business with R29bn in assets
09 December 2019 - 18:56
Delta Property Fund and Rebosis Property Fund, the two black-owned real estate companies which announced in August that they intend to merge to create a company with R29bn of assets, say their marriage has been agreed in principle by key shareholders.
Only a handful of black-owned and managed property funds trade on the JSE, including Rebosis, Delta and Dipula Income Fund...
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