Takeover target Safari says talks with Heriot are at an early stage
The retail landlord, being courted by the diversified property Reit, says it is focused on surviving Covid-19
06 April 2020 - 20:02
Retail landlord Safari Investments said on Monday it is in takeover talks with Heriot Reit.
Heriot, which listed in July 2017 and has a market capitalisation of R2.9bn, owns R4.6bn worth of commercial property and already has 10% of Safari, said last week it was interested in acquiring the rest of the company...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.