Resilient offers Dipula R1bn injection and asks for end to its dual-share structure
Resilient says it wants to get behind Dipula’s management, but that the group must first simplify its dual-share structure
27 August 2021 - 08:39
UPDATED 27 August 2021 - 09:41
Shopping centre owner Resilient Reit has proposed a R1bn investment into commuter retail-focused Dipula Income Fund, which could see the latter get rid of its dual-share structure.
Dipula said on Friday Resilient wants it to buy out its A shareholders, who get preference in terms of payouts...
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.